(06 JUNE 2019)AUD/USD:Look for 0.6940.

(06 JUNE 2019)AUD/USD:Look for 0.6940.

6 June 2019, 09:21
Jiming Huang
0
63

au

Pivot (invalidation): 0.6985

Our preference

Short positions below 0.6985 with targets at 0.6960 & 0.6940 in extension.

Alternative scenario

Above 0.6985 look for further upside with 0.6995 & 0.7005 as targets.

Comment

A break below 0.6960 would trigger a drop towards 0.6940.

(By Swissquote TRADING CENTRAL)


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