(22 October 2019)AUD/USD Caution.

(22 October 2019)AUD/USD Caution.

22 October 2019, 09:04
Jiming Huang
0
63

au
Pivot
 (invalidation): 0.6860
Our preference
Long positions above 0.6860 with targets at 0.6880 & 0.6895 in extension.
Alternative scenario
Below 0.6860 look for further downside with 0.6840 & 0.6820 as targets.
Comment
A support base at 0.6860 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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