(24 December 2019)AUD/USD Supported by a rising trend line.

Pivot
 (invalidation): 0.6905
Our preference
Long positions above 0.6905 with targets at 0.6930 & 0.6940 in extension.
Alternative scenario
Below 0.6905 look for further downside with 0.6890 & 0.6880 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)