Contributors Technical Analysis AUD/USD: The Downside Prevails

AUD/USD: The Downside Prevails

Pivot (invalidation): 0.7175

Our preference Short positions below 0.7175 with targets at 0.7110 & 0.7080 in extension.

Alternative scenario Above 0.7175 look for further upside with 0.7210 & 0.7235 as targets.

Comment The immediate trend remains down and the momentum is strong.

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