(11 OCTOBER 2018)AUD/USD:Key resistance at 0.7085.

Pivot (invalidation): 0.7085

Our preference

Short positions below 0.7085 with targets at 0.7055 & 0.7040 in extension.

Alternative scenario

Above 0.7085 look for further upside with 0.7105 & 0.7130 as targets.

Comment

A break below 0.7055 would trigger a drop towards 0.7040

(By Swissquote TRADING CENTRAL)