(01 MARCH 2019)AUD/USD:The downside prevails.

(01 MARCH 2019)AUD/USD:The downside prevails.

1 March 2019, 09:16
Jiming Huang
0
48

auau

Pivot (invalidation): 0.7120

Our preference

Short positions below 0.7120 with targets at 0.7065 & 0.7050 in extension.

Alternative scenario

Above 0.7120 look for further upside with 0.7145 & 0.7165 as targets.

Comment


The RSI calls for a new downleg.

(By Swissquote TRADING CENTRAL)


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