(11 JANUARY 2019)AUD/USD:The upside prevails.

(11 JANUARY 2019)AUD/USD:The upside prevails.

11 January 2019, 09:10
Jiming Huang
0
56

aud

Pivot (invalidation): 0.7170

Our preference

Long positions above 0.7170 with targets at 0.7215 & 0.7245 in extension.

Alternative scenario

Below 0.7170 look for further downside with 0.7145 & 0.7115 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)

Share it with friends: