AUD/USD
Since its historical peak in 1.1012, the Australian dollar has declined 462 pips registering yesterday, the same price quotation from April 20, then bounced 180 pips.
Now it is trading at 1.0712, so that an upward movement can lead to its weekly pivot situated at the 1.0860 level or a continuation of the downward s trendy, to the second weekly support situated around 1.0570.
Suggest two entry points, one for sale at 1.0870 and another to buy in 1.0570 with the objectives indicated in the graph.
