(23 NOVEMBER 2018)AUD/USD:Key resistance at 0.7260.

Pivot (invalidation): 0.7260

Our preference

Short positions below 0.7260 with targets at 0.7235 & 0.7220 in extension.

Alternative scenario

Above 0.7260 look for further upside with 0.7275 & 0.7300 as targets.

Comment

A break below 0.7235 would trigger a drop towards 0.7220

(By Swissquote TRADING CENTRAL)