Contributors Technical Analysis AUD/USD: The Bias Remains Bullish

AUD/USD: The Bias Remains Bullish

Pivot (invalidation): 0.7260

Our preference Long positions above 0.7260 with targets at 0.7310 & 0.7340 in extension.

Alternative scenario Below 0.7260 look for further downside with 0.7240 & 0.7220 as targets.

Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

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