Contributors Technical Analysis AUD/USD Bullish Bias Above 0.6205

AUD/USD Bullish Bias Above 0.6205

Pivot (invalidation): 0.6205

Our preference Long positions above 0.6205 with targets at 0.6250 & 0.6275 in extension.

Alternative scenario Below 0.6205 look for further downside with 0.6180 & 0.6155 as targets.

Comment A support base at 0.6205 has formed and has allowed for a temporary stabilisation.

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