(21 January 2020)AUD/USD The downside prevails.

(21 January 2020)AUD/USD The downside prevails.

21 January 2020, 09:26
Jiming Huang
0
25

au
Pivot
 (invalidation): 0.6880
Our preference
Short positions below 0.6880 with targets at 0.6845 & 0.6825 in extension.
Alternative scenario
Above 0.6880 look for further upside with 0.6890 & 0.6900 as targets.
Comment
As Long as the resistance at 0.6880 is not surpassed, the risk of the break below 0.6845
remains high.

(By Swissquote TRADING CENTRAL)

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