(29 MARCH 2019)AUD/USD:Caution.

(29 MARCH 2019)AUD/USD:Caution.

29 March 2019, 08:53
Jiming Huang
0
73

au

Pivot (invalidation): 0.7090

Our preference

Short positions below 0.7090 with targets at 0.7065 & 0.7055 in extension.

Alternative scenario

Above 0.7090 look for further upside with 0.7105 & 0.7120 as targets.

Comment

The RSI is mixed and calls for caution.

(By Swissquote TRADING CENTRAL)


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