(04 December 2019)AUD/USD The downside prevails.

(04 December 2019)AUD/USD The downside prevails.

4 December 2019, 09:04
Jiming Huang
0
35

au
Pivot
 (invalidation): 0.6845
Our preference
Short positions below 0.6845 with targets at 0.6810 & 0.6790 in extension.
Alternative scenario
Above 0.6845 look for further upside with 0.6860 & 0.6875 as targets.
Comment
The immediate trend remains down and the momentum is strong.

(By Swissquote TRADING CENTRAL)


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