(07 October 2020)AUD/USD Key resistance at 0.7140.

Pivot
 (invalidation): 0.7140
Our preference
Short positions below 0.7140 with targets at 0.7095 & 0.7080 in extension.
Alternative scenario
Above 0.7140 look for further upside with 0.7170 & 0.7195 as targets.
Comment
Even though a continuation of the technical rebound cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)