(12 DECEMBER 2018)AUD/USD:The upside prevails.

(12 DECEMBER 2018)AUD/USD:The upside prevails.

12 December 2018, 08:55
Jiming Huang
0
65

au

Pivot (invalidation): 0.7195

Our preference

Long positions above 0.7195 with targets at 0.7240 & 0.7275 in extension.

Alternative scenario

Below 0.7195 look for further downside with 0.7175 & 0.7160 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL) 

Share it with friends: