(26 March 2020)AUD/USD Caution.

(26 March 2020)AUD/USD Caution.

26 March 2020, 10:28
Jiming Huang
0
60

qu
Pivot
 (invalidation): 0.5935
Our preference
Short positions below 0.5935 with targets at 0.5860 & 0.5805 in extension.
Alternative scenario
Above 0.5935 look for further upside with 0.5975 & 0.6020 as targets.
Comment
The upward potential is likely to be limited by the resistance at 0.5935.

(By Swissquote TRADING CENTRAL)

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