(17 JUNE 2019)AUD/USD:Key resistance at 0.6890.

(17 JUNE 2019)AUD/USD:Key resistance at 0.6890.

17 June 2019, 09:32
Jiming Huang
0
36

au

Pivot (invalidation): 0.6890

Our preference

Short positions below 0.6890 with targets at 0.6860 & 0.6850 in extension.

Alternative scenario

Above 0.6890 look for further upside with 0.6905 & 0.6920 as targets.

Comment

The upward potential is likely to be limited by the resistance at 0.6890

(By Swissquote TRADING CENTRAL)


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