![(07 September 2020)AUD/USD The bias remains bullish. (07 September 2020)AUD/USD The bias remains bullish.](https://c.mql5.com/6/872/splash-739446.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
80
Pivot
(invalidation): 0.7260
Our preference
Long positions above 0.7260 with targets at 0.7310 & 0.7340 in extension.
Alternative scenario
Below 0.7260 look for further downside with 0.7240 & 0.7220 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)