AUD/USD Caution

Pivot (invalidation): 0.7185

Our preference Short positions below 0.7185 with targets at 0.7160 & 0.7140 in extension.

Alternative scenario Above 0.7185 look for further upside with 0.7205 & 0.7220 as targets.

Comment The upward potential is likely to be limited by the resistance at 0.7185.

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