• AUD/USD Intraday: under pressure.

    AUD/USD Intraday: under pressure.
       
       
      Pivot: 0.7405

    Most Likely Scenario: short positions below 0.7405 with targets @ 0.7330 & 0.7310 in extension.

    Alternative scenario: above 0.7405 look for further upside with 0.7445 & 0.7475 as targets.

    Comment: as long as the resistance at 0.7405 is not surpassed, the risk of the break below 0.7330 remains high. 


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