• AUD/USD Intraday: bullish bias above 0.7440.

      
         
          Pivot: 0.7440

    Most Likely Scenario: long positions above 0.7440 with targets at 0.7500 & 0.7530 in extension.

    Alternative scenario: below 0.7440 look for further downside with 0.7415 & 0.7400 as targets.

    Comment: a support base at 0.7440 has formed and has allowed for a temporary stabilisation.

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