Contributors Technical Analysis AUD/USD Key Resistance At 0.6975

AUD/USD Key Resistance At 0.6975

Pivot (invalidation): 0.6975

Our preference Short positions below 0.6975 with targets at 0.6945 & 0.6925 in extension.

Alternative scenario Above 0.6975 look for further upside with 0.7000 & 0.7020 as targets.

Comment As Long as the resistance at 0.6975 is not surpassed, the risk of the break below 0.6945 remains high.

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