(21 JANUARY 2019)AUD/USD:The downside prevails.

(21 JANUARY 2019)AUD/USD:The downside prevails.

21 January 2019, 09:13
Jiming Huang
0
56

aud

Pivot (invalidation): 0.7180

Our preference

Short positions below 0.7180 with targets at 0.7145 & 0.7130 in extension.

Alternative scenario

Above 0.7180 look for further upside with 0.7195 & 0.7205 as targets.

Comment

A break below 0.7145 would trigger a drop towards 0.7130.

(By Swissquote TRADING CENTRAL)


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