(03 JANUARY 2019)AUD/USD:Under pressure.

(03 JANUARY 2019)AUD/USD:Under pressure.

3 January 2019, 09:19
Jiming Huang
0
24

aud

Pivot (invalidation): 0.6985

Our preference

Short positions below 0.6985 with targets at 0.6895 & 0.6830 in extension.

Alternative scenario

Above 0.6985 look for further upside with 0.7035 & 0.7075 as targets.

Comment

A break below 0.6895 would trigger a drop towards 0.6830.

(By Swissquote TRADING CENTRAL) 

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