(02 April 2020)AUD/USD Under pressure.

(02 April 2020)AUD/USD Under pressure.

2 April 2020, 08:53
Jiming Huang
0
57

au
Pivot
 (invalidation): 0.6095
Our preference
Short positions below 0.6095 with targets at 0.6045 & 0.6020 in extension.
Alternative scenario
Above 0.6095 look for further upside with 0.6115 & 0.6135 as targets.
Comment
As Long as the resistance at 0.6095 is not surpassed, the risk of the break below 0.6045
remains high.

(By Swissquote TRADING CENTRAL)