(27 NOVEMBER 2018)AUD/USD:Key resistance at 0.7235.

Pivot (invalidation): 0.7235

Our preference

Short positions below 0.7235 with targets at 0.7200 & 0.7185 in extension.

Alternative scenario

Above 0.7235 look for further upside with 0.7255 & 0.7275 as targets.

Comment

As Long as the resistance at 0.7235 is not surpassed, the risk of the break below 0.7200

remains high. 

(By Swissquote TRADING CENTRAL)