(01 APRIL 2019)AUD/USD:Further advance.

(01 APRIL 2019)AUD/USD:Further advance.

1 April 2019, 09:55
Jiming Huang
0
72

au

Pivot (invalidation): 0.7105

Our preference

Long positions above 0.7105 with targets at 0.7130 & 0.7145 in extension.

Alternative scenario

Below 0.7105 look for further downside with 0.7080 & 0.7065 as targets.

Comment

A support base at 0.7105 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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