(16 April 2020)AUD/USD 0.6230 expected.

(16 April 2020)AUD/USD 0.6230 expected.

16 April 2020, 08:56
Jiming Huang
0
58

  au
Pivot
 (invalidation): 0.6320
Our preference
Short positions below 0.6320 with targets at 0.6255 & 0.6230 in extension.
Alternative scenario
Above 0.6320 look for further upside with 0.6350 & 0.6375 as targets.
Comment
A break below 0.6255 would trigger a drop towards 0.6230.

(By Swissquote TRADING CENTRAL)

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