(03 February 2020)AUD/USD Key resistance at 0.6705.

(03 February 2020)AUD/USD Key resistance at 0.6705.

3 February 2020, 09:08
Jiming Huang
0
59

au
Pivot
 (invalidation): 0.6705
Our preference
Short positions below 0.6705 with targets at 0.6680 & 0.6655 in extension.
Alternative scenario
Above 0.6705 look for further upside with 0.6725 & 0.6745 as targets.
Comment
The upward potential is likely to be limited by the resistance at 0.6705

(By Swissquote TRADING CENTRAL)

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