(22 MAY 2020)AUD/USD Under pressure.

(22 MAY 2020)AUD/USD Under pressure.

22 May 2020, 13:40
Jiming Huang
0
41

AU
Pivot
 (invalidation): 0.6575
Our preference
Short positions below 0.6575 with targets at 0.6525 & 0.6505 in extension.
Alternative scenario
Above 0.6575 look for further upside with 0.6595 & 0.6615 as targets.
Comment
The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL)

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