(08 OCTOBER 2018)AUD/USD:Under pressure.

(08 OCTOBER 2018)AUD/USD:Under pressure.

8 October 2018, 10:31
Jiming Huang
0
66

audaud

Pivot (invalidation): 0.7070

Our preference

Short positions below 0.7070 with targets at 0.7035 & 0.7010 in extension.

Alternative scenario

Above 0.7070 look for further upside with 0.7090 & 0.7115 as targets.

Comment

The RSI calls for a drop

(By Swissquote TRADING CENTRAL) 

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