(14 MAY 2020)AUD/USD Key resistance at 0.6465.

(14 MAY 2020)AUD/USD Key resistance at 0.6465.

14 May 2020, 08:47
Jiming Huang
0
109

au
Pivot
 (invalidation): 0.6465
Our preference
Short positions below 0.6465 with targets at 0.6410 & 0.6375 in extension.
Alternative scenario
Above 0.6465 look for further upside with 0.6495 & 0.6525 as targets.
Comment
As Long as the resistance at 0.6465 is not surpassed, the risk of the break below 0.6410
remains high.

(By Swissquote TRADING CENTRAL)