(17 MAY 2019)AUD/USD:Watch 0.6865.

(17 MAY 2019)AUD/USD:Watch 0.6865.

17 May 2019, 10:30
Jiming Huang
0
15

au

Pivot (invalidation): 0.6905

Our preference

Short positions below 0.6905 with targets at 0.6880 & 0.6865 in extension.

Alternative scenario

Above 0.6905 look for further upside with 0.6920 & 0.6935 as targets.

Comment

A break below 0.6880 would trigger a drop towards 0.6865.

(By Swissquote TRADING CENTRAL)


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