(23 AUGUST 2019)AUD/USD Under pressure.

(23 AUGUST 2019)AUD/USD Under pressure.

23 August 2019, 09:02
Jiming Huang
0
41

au
Pivot
 (invalidation): 0.6770
Our preference
Short positions below 0.6770 with targets at 0.6750 & 0.6735 in extension.
Alternative scenario
Above 0.6770 look for further upside with 0.6785 & 0.6800 as targets.
Comment
As Long as the resistance at 0.6770 is not surpassed, the risk of the break below 0.6750
remains high.

(By Swissquote TRADING CENTRAL)