(29 December 2020)AUD/USD Continuation of the rebound.

Pivot
 (invalidation): 0.7570
Our preference
Long positions above 0.7570 with targets at 0.7605 & 0.7625 in extension.
Alternative scenario
Below 0.7570 look for further downside with 0.7555 & 0.7540 as targets.
Comment
The RSI calls for a new upleg

(By Swissquote TRADING CENTRAL)