(25 OCTOBER 2018)AUD/USD:Rebound.

(25 OCTOBER 2018)AUD/USD:Rebound.

25 October 2018, 09:16
Jiming Huang
0
61

aud

Pivot (invalidation): 0.7065

Our preference

Long positions above 0.7065 with targets at 0.7090 & 0.7105 in extension.

Alternative scenario

Below 0.7065 look for further downside with 0.7055 & 0.7040 as targets.

Comment

The RSI calls for a bounce.

(By Swissquote TRADING CENTRAL) 

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