(28 February 2020)AUD/USD 0.6500 expected.

(28 February 2020)AUD/USD 0.6500 expected.

28 February 2020, 08:56
Jiming Huang
0
81

au
Pivot
 (invalidation): 0.6560
Our preference
Short positions below 0.6560 with targets at 0.6525 & 0.6500 in extension.
Alternative scenario
Above 0.6560 look for further upside with 0.6585 & 0.6605 as targets.
Comment
The immediate trend remains down and the momentum is strong

(By Swissquote TRADING CENTRAL)