(06 October 2020)AUD/USD Supported by a rising trend line

Pivot
 (invalidation): 0.7170
Our preference
Long positions above 0.7170 with targets at 0.7210 & 0.7225 in extension.
Alternative scenario
Below 0.7170 look for further downside with 0.7155 & 0.7130 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)