(24 August 2020)AUD/USD Bullish bias above 0.7150.

Pivot
 (invalidation): 0.7150
Our preference
Long positions above 0.7150 with targets at 0.7180 & 0.7195 in extension.
Alternative scenario
Below 0.7150 look for further downside with 0.7135 & 0.7120 as targets.
Comment
A support base at 0.7150 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)