(04 JUNE 2020)AUD/USD The downside prevails.

(04 JUNE 2020)AUD/USD The downside prevails.

4 June 2020, 09:04
Jiming Huang
0
90

au
Pivot
 (invalidation): 0.6945
Our preference
Short positions below 0.6945 with targets at 0.6850 & 0.6800 in extension.
Alternative scenario
Above 0.6945 look for further upside with 0.6985 & 0.7030 as targets.
Comment
The RSI shows downside momentum

(By Swissquote TRADING CENTRAL)

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