(20 November 2020)AUD/USD Rebound expected.

Pivot
 (invalidation): 0.7265
Our preference
Long positions above 0.7265 with targets at 0.7310 & 0.7330 in extension.
Alternative scenario
Below 0.7265 look for further downside with 0.7250 & 0.7235 as targets.
Comment
The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL)