(31 DECEMBER 2018)AUD/USD:Up turn.

(31 DECEMBER 2018)AUD/USD:Up turn.

2 January 2019, 14:01
Jiming Huang
0
69

aud

Pivot (invalidation): 0.7035

Our preference

Long positions above 0.7035 with targets at 0.7075 & 0.7100 in extension.

Alternative scenario

Below 0.7035 look for further downside with 0.7015 & 0.7000 as targets.

Comment

The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL) 


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