(30 AUGUST 2018)AUD/USD:Under pressure.

(30 AUGUST 2018)AUD/USD:Under pressure.

30 August 2018, 08:44
Jiming Huang
0
58

aud

Pivot (invalidation): 0.7315

Our preference

Short positions below 0.7315 with targets at 0.7275 & 0.7255 in extension.

Alternative scenario

Above 0.7315 look for further upside with 0.7330 & 0.7350 as targets.

Comment

The RSI calls for a drop

(By Swissquote TRADING CENTRAL) 

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