Intraday Technical Strategy
AUD/USD Intraday: the downside prevails.
| Pivot | 0.7430 |
| Our preference | Short positions below 0.743 with targets @ 0.733 & 0.73 in extension. |
| Alternative scenario | Above 0.743 look for further upside with 0.747 & 0.749 as targets. |
| Comment | The RSI is badly directed. The pair has broken below a rising trend line. |
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