(12 APRIL 2019)AUD/USD:Key resistance at 0.7135.

Pivot (invalidation): 0.7135

Our preference

Short positions below 0.7135 with targets at 0.7110 & 0.7090 in extension.

Alternative scenario

Above 0.7135 look for further upside with 0.7150 & 0.7165 as targets.

Comment

The upward potential is likely to be limited by the resistance at 0.7135

(By Swissquote TRADING CENTRAL)