(26 JULY 2019)AUD/USD:Target 0.6920.

(26 JULY 2019)AUD/USD:Target 0.6920.

26 July 2019, 10:12
Jiming Huang
0
49

au

Pivot (invalidation): 0.6960

Our preference

Short positions below 0.6960 with targets at 0.6940 & 0.6920 in extension.

Alternative scenario

Above 0.6960 look for further upside with 0.6975 & 0.6990 as targets.

Comment

A break below 0.6940 would trigger a drop towards 0.6920

(By Swissquote TRADING CENTRAL)

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