(27 February 2020)AUD/USD Key resistance at 0.6570.

(27 February 2020)AUD/USD Key resistance at 0.6570.

27 February 2020, 08:53
Jiming Huang
0
91

au
Pivot
 (invalidation): 0.6570
Our preference
Short positions below 0.6570 with targets at 0.6540 & 0.6530 in extension.
Alternative scenario
Above 0.6570 look for further upside with 0.6590 & 0.6605 as targets.
Comment
As Long as the resistance at 0.6570 is not surpassed, the risk of the break below 0.6540
remains high.

(By Swissquote TRADING CENTRAL)