(04 March 2020)AUD/USD Turning down.

(04 March 2020)AUD/USD Turning down.

4 March 2020, 08:56
Jiming Huang
0
64

au
Pivot
 (invalidation): 0.6620
Our preference
Short positions below 0.6620 with targets at 0.6575 & 0.6555 in extension.
Alternative scenario
Above 0.6620 look for further upside with 0.6645 & 0.6670 as targets.
Comment
The upward potential is likely to be limited by the resistance at 0.6620.

(By Swissquote TRADING CENTRAL)

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