(12 February 2020)AUD/USD The upside prevails.

(12 February 2020)AUD/USD The upside prevails.

12 February 2020, 08:51
Jiming Huang
0
68

au
Pivot
 (invalidation): 0.6710
Our preference
Long positions above 0.6710 with targets at 0.6740 & 0.6760 in extension.
Alternative scenario
Below 0.6710 look for further downside with 0.6695 & 0.6685 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)

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