Contributors Technical Analysis AUD/USD Key Resistance At 0.7140

AUD/USD Key Resistance At 0.7140

Pivot (invalidation): 0.7140

Our preference Short positions below 0.7140 with targets at 0.7095 & 0.7080 in extension.

Alternative scenarioAbove 0.7140 look for further upside with 0.7170 & 0.7195 as targets.

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

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