(31 January 2020)AUD/USD Bullish bias above 0.6700.

(31 January 2020)AUD/USD Bullish bias above 0.6700.

31 January 2020, 09:03
Jiming Huang
0
65

au
Pivot
 (invalidation): 0.6700
Our preference
Long positions above 0.6700 with targets at 0.6730 & 0.6745 in extension.
Alternative scenario
Below 0.6700 look for further downside with 0.6680 & 0.6655 as targets.
Comment
A support base at 0.6700 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL)

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