(24 JANUARY 2019)AUD/USD:Under pressure.

(24 JANUARY 2019)AUD/USD:Under pressure.

24 January 2019, 09:21
Jiming Huang
0
50

aud

Pivot (invalidation): 0.7145

Our preference

Short positions below 0.7145 with targets at 0.7110 & 0.7095 in extension.

Alternative scenario

Above 0.7145 look for further upside with 0.7160 & 0.7175 as targets.

Comment

The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)

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