(27 October 2020)AUD/USD Key resistance at 0.7140.

(27 October 2020)AUD/USD Key resistance at 0.7140.

27 October 2020, 09:21
Jiming Huang
0
67

au
Pivot
 (invalidation): 0.7140
Our preference
Short positions below 0.7140 with targets at 0.7100 & 0.7085 in extension.
Alternative scenario
Above 0.7140 look for further upside with 0.7155 & 0.7170 as targets.
Comment
The upward potential is likely to be limited by the resistance at 0.7140.

(By Swissquote TRADING CENTRAL)


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