(24 JULY 2020)AUD/USD Look for 0.7060.

Pivot
 (invalidation): 0.7125
Our preference
Short positions below 0.7125 with targets at 0.7085 & 0.7060 in extension.
Alternative scenario
Above 0.7125 look for further upside with 0.7140 & 0.7160 as targets.
Comment
A break below 0.7085 would trigger a drop towards 0.7060.

(By Swissquote TRADING CENTRAL)