(30 JULY 2019)AUD/USD:Key resistance at 0.6915.

(30 JULY 2019)AUD/USD:Key resistance at 0.6915.

30 July 2019, 09:18
Jiming Huang
0
50

au

Pivot (invalidation): 0.6915

Our preference

Short positions below 0.6915 with targets at 0.6890 & 0.6875 in extension.

Alternative scenario

Above 0.6915 look for further upside with 0.6935 & 0.6955 as targets.

Comment

As Long as the resistance at 0.6915 is not surpassed, the risk of the break below 0.6890

remains high. 

(By Swissquote TRADING CENTRAL)