(17 January 2020)AUD/USD Key resistance at 0.6905.

(17 January 2020)AUD/USD Key resistance at 0.6905.

17 January 2020, 08:59
Jiming Huang
0
26

au
Pivot
 (invalidation): 0.6905
Our preference
Short positions below 0.6905 with targets at 0.6875 & 0.6865 in extension.
Alternative scenario
Above 0.6905 look for further upside with 0.6915 & 0.6930 as targets.
Comment
As Long as the resistance at 0.6905 is not surpassed, the risk of the break below 0.6875
remains high.

(By Swissquote TRADING CENTRAL)

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