(06 August 2020)AUD/USD Key resistance at 0.7215.

(06 August 2020)AUD/USD Key resistance at 0.7215.

6 August 2020, 09:26
Jiming Huang
0
93

ua
Pivot
 (invalidation): 0.7215
Our preference
Short positions below 0.7215 with targets at 0.7180 & 0.7165 in extension.
Alternative scenario
Above 0.7215 look for further upside with 0.7240 & 0.7260 as targets.
Comment
A break below 0.7180 would trigger a drop towards 0.7165.

(By Swissquote TRADING CENTRAL)


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