(05 August 2020)AUD/USD Further advance.

Pivot
 (invalidation): 0.7150
Our preference
Long positions above 0.7150 with targets at 0.7210 & 0.7230 in extension.
Alternative scenario
Below 0.7150 look for further downside with 0.7130 & 0.7110 as targets.
Comment
The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)