(08 January 2020)AUD/USD Key resistance at 0.6885.

(08 January 2020)AUD/USD Key resistance at 0.6885.

8 January 2020, 09:03
Jiming Huang
0
22

au
Pivot
 (invalidation): 0.6885
Our preference
Short positions below 0.6885 with targets at 0.6850 & 0.6835 in extension.
Alternative scenario
Above 0.6885 look for further upside with 0.6900 & 0.6920 as targets.
Comment
The upward potential is likely to be limited by the resistance at 0.6885.

(By Swissquote TRADING CENTRAL)

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