FX:AUDUSD   Australian Dollar / U.S. Dollar
Pivot: 0.7420

Most Likely Scenario: short positions below 0.7420 with targets @ 0.7355 & 0.7310 in extension.

Alternative scenario: above 0.7420 look for further upside with 0.7445 & 0.7475 as targets.

Comment: as long as 0.7420 is resistance, look for choppy price action with a bearish bias.

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