AUD/USD Intraday: capped by a negative trend line.
Pivot: 0.7240

Most likely scenario: short positions below 0.7240 with targets at 0.7160 & 0.7140 in extension.

Alternative scenario: above 0.7240 look for further upside with 0.7260 & 0.7280 as targets.

Comment: the RSI shows downside momentum.

Leave a Reply