• AUD/USD Intraday: under pressure.

      AUD/USD Intraday: under pressure.

     
      Pivot: 0.7310

    Most Likely Scenario: short positions below 0.7310 with targets @ 0.7245 & 0.7220 in extension.

    Alternative scenario: above 0.7310 look for further upside with 0.7335 & 0.7370 as targets.

    Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

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