(13 December 2019)AUD/USD 0.6965 expected.

(13 December 2019)AUD/USD 0.6965 expected.

13 December 2019, 08:57
Jiming Huang
0
51

au
Pivot
 (invalidation): 0.6905
Our preference
Long positions above 0.6905 with targets at 0.6940 & 0.6965 in extension.
Alternative scenario
Below 0.6905 look for further downside with 0.6890 & 0.6865 as targets.
Comment
A support base at 0.6905 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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