AUD/USD intraday: under pressure. DOWNTREND.
Pivot: 1.0395
Our preference: Short positions below 1.0395 with targets @ 1.0335 & 1.0305 in extension.
Alternative scenario: Above 1.0395 look for further upside with 1.0415 & 1.044 as targets.
Comment: the pair is rebounding but stands below its resistance.
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