(19 March 2020)AUD/USD The downside prevails.

(19 March 2020)AUD/USD The downside prevails.

19 March 2020, 07:52
Jiming Huang
0
61

au
Pivot
 (invalidation): 0.5690
Our preference
Short positions below 0.5690 with targets at 0.5490 & 0.5395 in extension.
Alternative scenario
Above 0.5690 look for further upside with 0.5800 & 0.5865 as targets.
Comment
The RSI has broken down its 30 level.

(By Swissquote TRADING CENTRAL)

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