(22 September 2020)AUD/USD Choppy.

(22 September 2020)AUD/USD Choppy.

22 September 2020, 09:31
Jiming Huang
0
92

au
Pivot
 (invalidation): 0.7235
Our preference
Short positions below 0.7235 with targets at 0.7195 & 0.7170 in extension.
Alternative scenario
Above 0.7235 look for further upside with 0.7255 & 0.7280 as targets.
Comment
The upward potential is likely to be limited by the resistance at 0.7235.

(By Swissquote TRADING CENTRAL)