(20 December 2019)AUD/USD Watch 0.6920.

(20 December 2019)AUD/USD Watch 0.6920.

20 December 2019, 08:54
Jiming Huang
0
72

AU
Pivot
 (invalidation): 0.6880
Our preference
Long positions above 0.6880 with targets at 0.6905 & 0.6920 in extension.
Alternative scenario
Below 0.6880 look for further downside with 0.6865 & 0.6855 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)

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