(16 December 2020)AUD/USD The bias remains bullish.

 
Pivot
 (invalidation): 0.7530
Our preference
Long positions above 0.7530 with targets at 0.7580 & 0.7600 in extension.
Alternative scenario
Below 0.7530 look for further downside with 0.7505 & 0.7480 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)