(28 January 2020)AUD/USD Key resistance at 0.6775.

(28 January 2020)AUD/USD Key resistance at 0.6775.

28 January 2020, 09:02
Jiming Huang
0
75

  au
Pivot
 (invalidation): 0.6775
Our preference
Short positions below 0.6775 with targets at 0.6740 & 0.6725 in extension.
Alternative scenario
Above 0.6775 look for further upside with 0.6790 & 0.6805 as targets.
Comment
As Long as the resistance at 0.6775 is not surpassed, the risk of the break below 0.6740
remains high.

(By Swissquote TRADING CENTRAL)