AUD/USD Intraday: the downside prevails.
Pivot: 0.7125

Most likely scenario: short positions below 0.7125 with targets at 0.7065 & 0.7050 in extension.

Alternative scenario: above 0.7125 look for further upside with 0.7145 & 0.7160 as targets.

Comment: the RSI advocates for further decline.

Leave a Reply