(05 March 2020)AUD/USD Bullish bias above 0.6600.

(05 March 2020)AUD/USD Bullish bias above 0.6600.

5 March 2020, 08:57
Jiming Huang
0
66

au
Pivot
 (invalidation): 0.6600
Our preference
Long positions above 0.6600 with targets at 0.6630 & 0.6645 in extension.
Alternative scenario
Below 0.6600 look for further downside with 0.6575 & 0.6555 as targets.
Comment
A support base at 0.6600 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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