(26 February 2020)AUD/USD Key resistance at 0.6620.

(26 February 2020)AUD/USD Key resistance at 0.6620.

26 February 2020, 08:59
Jiming Huang
0
62

au
Pivot
 (invalidation): 0.6620
Our preference
Short positions below 0.6620 with targets at 0.6580 & 0.6560 in extension.
Alternative scenario
Above 0.6620 look for further upside with 0.6640 & 0.6655 as targets.
Comment
As Long as the resistance at 0.6620 is not surpassed, the risk of the break below 0.6580
remains high.

(By Swissquote TRADING CENTRAL)