AUDUSD may rise 46 - 71 pips
Our preference
Long positions above 0.7160 with targets at 0.7245 & 0.7270 in extension.
Alternative scenario
Below 0.7160 look for further downside with 0.7140 & 0.7120 as targets.
Comment
The RSI shows upside momentum.
Our preference
Long positions above 0.7160 with targets at 0.7245 & 0.7270 in extension.
Alternative scenario
Below 0.7160 look for further downside with 0.7140 & 0.7120 as targets.
Comment
The RSI shows upside momentum.