(03 January 2020)AUD/USD The downside prevails.

(03 January 2020)AUD/USD The downside prevails.

3 January 2020, 09:11
Jiming Huang
0
67

au
Pivot
 (invalidation): 0.6980
Our preference
Short positions below 0.6980 with targets at 0.6955 & 0.6940 in extension.
Alternative scenario
Above 0.6980 look for further upside with 0.6995 & 0.7005 as targets.
Comment
The RSI advocates for further decline.

(By Swissquote TRADING CENTRAL)

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