(07 January 2020)AUD/USD Under pressure.

(07 January 2020)AUD/USD Under pressure.

7 January 2020, 09:07
Jiming Huang
0
25

au
Pivot
 (invalidation): 0.6955
Our preference
Short positions below 0.6955 with targets at 0.6920 & 0.6900 in extension.
Alternative scenario
Above 0.6955 look for further upside with 0.6975 & 0.6995 as targets.
Comment
A break below 0.6920 would trigger a drop towards 0.6900.

(By Swissquote TRADING CENTRAL)

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