Contributors Technical Analysis AUD/USD Under Pressure

AUD/USD Under Pressure

Pivot (invalidation): 0.6095

Our preference Short positions below 0.6095 with targets at 0.6045 & 0.6020 in extension.

Alternative scenario Above 0.6095 look for further upside with 0.6115 & 0.6135 as targets.

Comment As Long as the resistance at 0.6095 is not surpassed, the risk of the break below 0.6045 remains high.

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