AUD/USD Intraday: further upside.
Pivot: 0.7185

Most likely scenario: long positions above 0.7185 with targets at 0.7230 & 0.7260 in extension.

Alternative scenario: below 0.7185 look for further downside with 0.7165 & 0.7140 as targets.

Comment: the RSI is bullish and calls for further upside. In addition, the pair has broken above a bearish channel resistance.

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