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

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

21 February 2020, 08:50
Jiming Huang
0
68

au
Pivot
 (invalidation): 0.6630
Our preference
Short positions below 0.6630 with targets at 0.6580 & 0.6560 in extension.
Alternative scenario
Above 0.6630 look for further upside with 0.6655 & 0.6670 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)

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