(22 January 2020)AUD/USD Key resistance at 0.6855.

(22 January 2020)AUD/USD Key resistance at 0.6855.

22 January 2020, 09:06
Jiming Huang
0
55

au
Pivot
 (invalidation): 0.6855
Our preference
Short positions below 0.6855 with targets at 0.6820 & 0.6800 in extension.
Alternative scenario
Above 0.6855 look for further upside with 0.6875 & 0.6890 as targets.
Comment
As Long as the resistance at 0.6855 is not surpassed, the risk of the break below 0.6820
remains high.

(By Swissquote TRADING CENTRAL)