(26 August 2020)AUD/USD Turning down.

(26 August 2020)AUD/USD Turning down.

26 August 2020, 09:22
Jiming Huang
0
89

au
Pivot
 (invalidation): 0.7205
Our preference
Short positions below 0.7205 with targets at 0.7180 & 0.7165 in extension.
Alternative scenario
Above 0.7205 look for further upside with 0.7215 & 0.7230 as targets.
Comment
As Long as 0.7205 is resistance, expect a return to 0.7180.

(By Swissquote TRADING CENTRAL)


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