(25 August 2020)AUD/USD Caution.

(25 August 2020)AUD/USD Caution.

25 August 2020, 09:22
Jiming Huang
0
90

au
Pivot
 (invalidation): 0.7180
Our preference
Short positions below 0.7180 with targets at 0.7150 & 0.7135 in extension.
Alternative scenario
Above 0.7180 look for further upside with 0.7200 & 0.7215 as targets.
Comment
Intraday technical indicators are mixed and call for caution.

(By Swissquote TRADING CENTRAL)