(04 JANUARY 2019)UAUD/USD:Aim @ 0.7100.

(04 JANUARY 2019)UAUD/USD:Aim @ 0.7100.

4 January 2019, 09:13
Jiming Huang
0
71

aud

Pivot (invalidation): 0.6985

Our preference

Long positions above 0.6985 with targets at 0.7070 & 0.7100 in extension.

Alternative scenario

Below 0.6985 look for further downside with 0.6950 & 0.6925 as targets.

Comment

The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL) 


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