(06 January 2020)AUD/USD Under pressure.

(06 January 2020)AUD/USD Under pressure.

6 January 2020, 09:08
Jiming Huang
0
23

au
Pivot
 (invalidation): 0.6965
Our preference
Short positions below 0.6965 with targets at 0.6925 & 0.6910 in extension.
Alternative scenario
Above 0.6965 look for further upside with 0.6985 & 0.7005 as targets.
Comment
As Long as the resistance at 0.6965 is not surpassed, the risk of the break below 0.6925
remains high.

(By Swissquote TRADING CENTRAL)

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