(28 October 2020)AUD/USD Caution.

(28 October 2020)AUD/USD Caution.

28 October 2020, 10:25
Jiming Huang
0
68

au
Pivot
 (invalidation): 0.7145
Our preference
Short positions below 0.7145 with targets at 0.7120 & 0.7110 in extension.
Alternative scenario
Above 0.7145 look for further upside with 0.7160 & 0.7175 as targets.
Comment
The upward potential is likely to be limited by the resistance at 0.7145.

(By Swissquote TRADING CENTRAL)


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