FX:AUDUSD   Australian Dollar / U.S. Dollar

Pivot (invalidation): 0.7040

Our preference
Short positions below 0.7040 with targets at 0.7015 & 0.7000 in extension.

Alternative scenario
Above 0.7040 look for further upside with 0.7055 & 0.7065 as targets.

Comment
The RSI lacks upward momentum.

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