(07 MAY 2020)AUD/USD Rebound.

(07 MAY 2020)AUD/USD Rebound.

7 May 2020, 08:57
Jiming Huang
0
70

au
Pivot
 (invalidation): 0.6395
Our preference
Long positions above 0.6395 with targets at 0.6430 & 0.6450 in extension.
Alternative scenario
Below 0.6395 look for further downside with 0.6375 & 0.6360 as targets.
Comment
The RSI calls for a new upleg

(By Swissquote TRADING CENTRAL)

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