(12 FEBRUARY 2019)AUD/USD:Key resistance at 0.7090.

(12 FEBRUARY 2019)AUD/USD:Key resistance at 0.7090.

12 February 2019, 08:48
Jiming Huang
0
13

aud

Pivot (invalidation): 0.7090

Our preference

Short positions below 0.7090 with targets at 0.7050 & 0.7035 in extension.

Alternative scenario

Above 0.7090 look for further upside with 0.7105 & 0.7120 as targets.

Comment

A break below 0.7050 would trigger a drop towards 0.7035

(By Swissquote TRADING CENTRAL)


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