(10 September 2020)AUD/USD The bias remains bullish.

Pivot
 (invalidation): 0.7250
Our preference
Long positions above 0.7250 with targets at 0.7290 & 0.7310 in extension.
Alternative scenario
Below 0.7250 look for further downside with 0.7230 & 0.7210 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)