(29 JANUARY 2019)AUD/USD:Key resistance at 0.7175.

Pivot (invalidation): 0.7175

Our preference

Short positions below 0.7175 with targets at 0.7140 & 0.7120 in extension.

Alternative scenario

Above 0.7175 look for further upside with 0.7200 & 0.7220 as targets.

Comment

The RSI is below its neutrality area at 50% 

(By Swissquote TRADING CENTRAL)