(10 August 2020)AUD/USD Key resistance at 0.7180.

Pivot
 (invalidation): 0.7180
Our preference
Short positions below 0.7180 with targets at 0.7140 & 0.7125 in extension.
Alternative scenario
Above 0.7180 look for further upside with 0.7200 & 0.7220 as targets.
Comment
As Long as the resistance at 0.7180 is not surpassed, the risk of the break below 0.7140
remains high.

(By Swissquote TRADING CENTRAL)