(02 JULY 2020)AUD/USD Key resistance at 0.6930.

(02 JULY 2020)AUD/USD Key resistance at 0.6930.

2 July 2020, 09:26
Jiming Huang
0
76

au
Pivot
 (invalidation): 0.6930
Our preference
Short positions below 0.6930 with targets at 0.6900 & 0.6880 in extension.
Alternative scenario
Above 0.6930 look for further upside with 0.6945 & 0.6960 as targets.
Comment
As Long as the resistance at 0.6930 is not surpassed, the risk of the break below 0.6900
remains high.

(By Swissquote TRADING CENTRAL)