Contributors Technical Analysis AUD/USD: Bullish Bias Above 0.7565

AUD/USD: Bullish Bias Above 0.7565

Pivot (invalidation): 0.7565

Our preference Long positions above 0.7565 with targets at 0.7600 & 0.7615 in extension.

Alternative scenario Below 0.7565 look for further downside with 0.7550 & 0.7535 as targets.

Comment A support base at 0.7565 has formed and has allowed for a temporary stabilisation

 

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