(14 MAY 2020)AUD/USD Key resistance at 0.6465.

(14 MAY 2020)AUD/USD Key resistance at 0.6465.

14 May 2020, 08:47
Jiming Huang
0
92

au
Pivot
 (invalidation): 0.6465
Our preference
Short positions below 0.6465 with targets at 0.6410 & 0.6375 in extension.
Alternative scenario
Above 0.6465 look for further upside with 0.6495 & 0.6525 as targets.
Comment
As Long as the resistance at 0.6465 is not surpassed, the risk of the break below 0.6410
remains high.

(By Swissquote TRADING CENTRAL)

Share it with friends: