(23 AUGUST 2019)AUD/USD Under pressure.

(23 AUGUST 2019)AUD/USD Under pressure.

23 August 2019, 09:02
Jiming Huang
0
41

au
Pivot
 (invalidation): 0.6770
Our preference
Short positions below 0.6770 with targets at 0.6750 & 0.6735 in extension.
Alternative scenario
Above 0.6770 look for further upside with 0.6785 & 0.6800 as targets.
Comment
As Long as the resistance at 0.6770 is not surpassed, the risk of the break below 0.6750
remains high.

(By Swissquote TRADING CENTRAL)

Share it with friends: