(29 AUGUST 2018)AUD/USD:Bullish bias above 0.7320.

(29 AUGUST 2018)AUD/USD:Bullish bias above 0.7320.

29 August 2018, 09:20
Jiming Huang
0
54

aud

Pivot (invalidation): 0.7320

Our preference

Long positions above 0.7320 with targets at 0.7365 & 0.7385 in extension.

Alternative scenario

Below 0.7320 look for further downside with 0.7305 & 0.7285 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL) 


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