(13 MAY 2020)AUD/USD Watch 0.6430.

(13 MAY 2020)AUD/USD Watch 0.6430.

13 May 2020, 09:00
Jiming Huang
0
106

au
Pivot
 (invalidation): 0.6495
Our preference
Short positions below 0.6495 with targets at 0.6450 & 0.6430 in extension.
Alternative scenario
Above 0.6495 look for further upside with 0.6515 & 0.6535 as targets.
Comment
As Long as the resistance at 0.6495 is not surpassed, the risk of the break below 0.6450
remains high

(By Swissquote TRADING CENTRAL)