(20 MAY 2020)AUD/USD Turning down.

(20 MAY 2020)AUD/USD Turning down.

20 May 2020, 09:24
Jiming Huang
0
97

au
Pivot
 (invalidation): 0.6565
Our preference
Short positions below 0.6565 with targets at 0.6520 & 0.6505 in extension.
Alternative scenario
Above 0.6565 look for further upside with 0.6585 & 0.6610 as targets.
Comment
The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)

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