(24 DECEMBER 2018)AUD/USD:Key Resistance 0.7075 short-term.

(24 DECEMBER 2018)AUD/USD:Key Resistance 0.7075 short-term.

24 December 2018, 09:12
Jiming Huang
0
61

aud

Pivot Point (level of invalidation 0.7075):

Our preference

Short positions under 0.7075 with goals in 0.7025 and by extension.

Alternative scenario

Up 0.7075 seek Greater indication upwards and 0.7125 0.7105 as objectives.

Technical Commentary

While Resistance in 0.7075 is not exceeded, the risk of a break below

0.7025 remains high.

(By Swissquote TRADING CENTRAL) 


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