(11 JUNE 2020)AUD/USD The downside prevails.

(11 JUNE 2020)AUD/USD The downside prevails.

11 June 2020, 09:25
Jiming Huang
0
85

au
Pivot
 (invalidation): 0.6985
Our preference
Short positions below 0.6985 with targets at 0.6900 & 0.6870 in extension.
Alternative scenario
Above 0.6985 look for further upside with 0.7010 & 0.7035 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)

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