(20 JULY 2020)AUD/USD Key resistance at 0.6995

(20 JULY 2020)AUD/USD Key resistance at 0.6995

21 July 2020, 04:18
Jiming Huang
0
85

au
Pivot
 (invalidation): 0.6995
Our preference
Short positions below 0.6995 with targets at 0.6960 & 0.6950 in extension.
Alternative scenario
Above 0.6995 look for further upside with 0.7005 & 0.7015 as targets.
Comment
As Long as the resistance at 0.6995 is not surpassed, the risk of the break below 0.6960
remains high.

(By Swissquote TRADING CENTRAL)


Share it with friends: