(15 JANUARY 2019)AUD/USD:The upside prevails

(15 JANUARY 2019)AUD/USD:The upside prevails

15 January 2019, 08:53
Jiming Huang
0
63

aud

Pivot (invalidation): 0.7200

Our preference

Long positions above 0.7200 with targets at 0.7235 & 0.7250 in extension.

Alternative scenario

Below 0.7200 look for further downside with 0.7185 & 0.7170 as targets.

Comment

The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)


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