(16 November 2020)AUD/USD Watch 0.7320.

Pivot
 (invalidation): 0.7260
Our preference
Long positions above 0.7260 with targets at 0.7300 & 0.7320 in extension.
Alternative scenario
Below 0.7260 look for further downside with 0.7240 & 0.7220 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)