(09 MAY 2019)AUD/USD:Towards 0.6945.

(09 MAY 2019)AUD/USD:Towards 0.6945.

9 May 2019, 09:46
Jiming Huang
0
48

au

Pivot (invalidation): 0.6995

Our preference

Short positions below 0.6995 with targets at 0.6960 & 0.6945 in extension.

Alternative scenario

Above 0.6995 look for further upside with 0.7010 & 0.7025 as targets.

Comment

The RSI advocates for further downside.

(By Swissquote TRADING CENTRAL)

Share it with friends: