(14 September 2020)AUD/USD Capped by a negative trend line.

(14 September 2020)AUD/USD Capped by a negative trend line.

14 September 2020, 09:29
Jiming Huang
0
99

au
Pivot
 (invalidation): 0.7290
Our preference
Short positions below 0.7290 with targets at 0.7265 & 0.7255 in extension.
Alternative scenario
Above 0.7290 look for further upside with 0.7305 & 0.7325 as targets.
Comment
The upward potential is likely to be limited by the resistance at 0.7290

(By Swissquote TRADING CENTRAL)


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