(28 MAY 2020)AUD/USD Bullish bias above 0.6595.

(28 MAY 2020)AUD/USD Bullish bias above 0.6595.

28 May 2020, 08:56
Jiming Huang
0
88

au

Pivot
 (invalidation): 0.6595
Our preference
Long positions above 0.6595 with targets at 0.6650 & 0.6680 in extension.
Alternative scenario
Below 0.6595 look for further downside with 0.6565 & 0.6535 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)

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