(10 March 2020)AUD/USD Key resistance at 0.6615.

(10 March 2020)AUD/USD Key resistance at 0.6615.

10 March 2020, 09:08
Jiming Huang
0
61

au
Pivot
 (invalidation): 0.6615
Our preference
Short positions below 0.6615 with targets at 0.6545 & 0.6505 in extension.
Alternative scenario
Above 0.6615 look for further upside with 0.6645 & 0.6685 as targets.
Comment
As Long as the resistance at 0.6615 is not surpassed, the risk of the break below 0.6545
remains high.

(By Swissquote TRADING CENTRAL)

Share it with friends: