![(20 August 2020) AUD/USD Key resistance at 0.7200. (20 August 2020) AUD/USD Key resistance at 0.7200.](https://c.mql5.com/6/870/splash-739034.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
118
Pivot
(invalidation): 0.7200
Our preference
Short positions below 0.7200 with targets at 0.7160 & 0.7140 in extension.
Alternative scenario
Above 0.7200 look for further upside with 0.7230 & 0.7255 as targets.
Comment
The upward potential is likely to be limited by the resistance at 0.7200.
(By Swissquote TRADING CENTRAL)