(17 DECEMBER 2018)AUD/USD:Key resistance at 0.7185.

(17 DECEMBER 2018)AUD/USD:Key resistance at 0.7185.

17 December 2018, 09:01
Jiming Huang
0
55

aud

Pivot (invalidation): 0.7185

Our preference

Short positions below 0.7185 with targets at 0.7165 & 0.7150 in extension.

Alternative scenario

Above 0.7185 look for further upside with 0.7195 & 0.7210 as targets.

Comment

A break below 0.7165 would trigger a drop towards 0.7150.

(By Swissquote TRADING CENTRAL) 


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