(10 March 2020)AUD/USD Key resistance at 0.6615.

(10 March 2020)AUD/USD Key resistance at 0.6615.

10 March 2020, 09:08
Jiming Huang
0
61

au
Pivot
 (invalidation): 0.6615
Our preference
Short positions below 0.6615 with targets at 0.6545 & 0.6505 in extension.
Alternative scenario
Above 0.6615 look for further upside with 0.6645 & 0.6685 as targets.
Comment
As Long as the resistance at 0.6615 is not surpassed, the risk of the break below 0.6545
remains high.

(By Swissquote TRADING CENTRAL)