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Source: FxPro Forex Broker (Review and Forex Cashback)

AUD/USD Intraday: under pressure.

Pivot: 0.744

Most Likely Scenario: Short positions below 0.744 with targets @ 0.738 & 0.735 in extension.

Alternative scenario: Above 0.744 look for further upside with 0.7465 & 0.75 as targets.

Comment: As long as 0.744 is resistance, look for choppy price action with a bearish bias.

AUD/USD Chart

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