(08 JULY 2020)AUD/USD Under pressure.

(08 JULY 2020)AUD/USD Under pressure.

8 July 2020, 09:15
Jiming Huang
0
77

au
Pivot
 (invalidation): 0.6980
Our preference
Short positions below 0.6980 with targets at 0.6920 & 0.6900 in extension.
Alternative scenario
Above 0.6980 look for further upside with 0.7000 & 0.7020 as targets.
Comment
As Long as 0.6980 is resistance, look for choppy price action with a bearish bias

(By Swissquote TRADING CENTRAL)


Share it with friends: