(14 JULY 2020)AUD/USD Under pressure.

(14 JULY 2020)AUD/USD Under pressure.

14 July 2020, 08:58
Jiming Huang
0
79

au
Pivot
 (invalidation): 0.6950
Our preference
Short positions below 0.6950 with targets at 0.6920 & 0.6910 in extension.
Alternative scenario
Above 0.6950 look for further upside with 0.6965 & 0.6980 as targets.
Comment
As Long as 0.6950 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)


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