(14 October 2020)AUD/USD Key resistance at 0.7180.

(14 October 2020)AUD/USD Key resistance at 0.7180.

14 October 2020, 08:55
Jiming Huang
0
82

au
Pivot
 (invalidation): 0.7180
Our preference
Short positions below 0.7180 with targets at 0.7150 & 0.7135 in extension.
Alternative scenario
Above 0.7180 look for further upside with 0.7200 & 0.7220 as targets.
Comment
The upward potential is likely to be limited by the resistance at 0.7180.

(By Swissquote TRADING CENTRAL)


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