(30 JULY 2020)AUD/USD Bullish bias above 0.7160.

<p>Pivot</p>
<p>&nbsp;(invalidation): 0.7160 Our preference</p>
<p>Long positions above 0.7160 with targets at 0.7195 &amp; 0.7220 in extension.</p>
<p>Alternative scenario</p>
<p>Below 0.7160 look for further downside with 0.7145 &amp; 0.7125 as targets.</p>