(17 November 2020)AUD/USD Supported by a rising trend line.

(17 November 2020)AUD/USD Supported by a rising trend line.

17 November 2020, 09:06
Jiming Huang
0
86

au
Pivot
 (invalidation): 0.7300
Our preference
Long positions above 0.7300 with targets at 0.7335 & 0.7350 in extension.
Alternative scenario
Below 0.7300 look for further downside with 0.7280 & 0.7260 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)


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