(27 MAY 2020)AUD/USD Bullish bias above 0.6625.

(27 MAY 2020)AUD/USD Bullish bias above 0.6625.

27 May 2020, 09:17
Jiming Huang
0
82

au
Pivot
 (invalidation): 0.6625
Our preference
Long positions above 0.6625 with targets at 0.6675 & 0.6695 in extension.
Alternative scenario
Below 0.6625 look for further downside with 0.6600 & 0.6575 as targets.
Comment
A support base at 0.6625 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL)

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