(12 JUNE 2020)AUD/USD Under pressure.

(12 JUNE 2020)AUD/USD Under pressure.

12 June 2020, 09:01
Jiming Huang
0
118

au
Pivot
 (invalidation): 0.6855
Our preference
Short positions below 0.6855 with targets at 0.6785 & 0.6745 in extension.
Alternative scenario
Above 0.6855 look for further upside with 0.6895 & 0.6930 as targets.
Comment
As Long as 0.6855 is resistance, look for choppy price action with a bearish bia

(By Swissquote TRADING CENTRAL)

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