(16 December 2019)AUD/USD Under pressure.

(16 December 2019)AUD/USD Under pressure.

16 December 2019, 09:00
Jiming Huang
0
137

au
Pivot
 (invalidation): 0.6895
Our preference
Short positions below 0.6895 with targets at 0.6860 & 0.6840 in extension.
Alternative scenario
Above 0.6895 look for further upside with 0.6915 & 0.6935 as targets.
Comment
As Long as the resistance at 0.6895 is not surpassed, the risk of the break below 0.6860
remains high.

(By Swissquote TRADING CENTRAL)