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.

themasterfxTrend Analysis

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