0
101
AUD/USD
The downside prevails.
Pivot
(invalidation): 0.7340
Our preference
Short positions below 0.7340 with targets at 0.7300 & 0.7280 in extension.
Alternative scenario
Above 0.7340 look for further upside with 0.7370 & 0.7390 as targets.
Comment
As Long as the resistance at 0.7340 is not surpassed, the risk of the break below 0.7300
remains high.
(By Swissquote TRADING CENTRAL)
