(12 NOVEMBER 2018)AUD/USD:Key resistance at 0.7250.

Pivot (invalidation): 0.7250

Our preference

Short positions below 0.7250 with targets at 0.7215 & 0.7200 in extension.

Alternative scenario

Above 0.7250 look for further upside with 0.7265 & 0.7275 as targets.

Comment

A break below 0.7215 would trigger a drop towards 0.7200.

(By Swissquote TRADING CENTRAL)