(30 JANUARY 2019)AUD/USD:The upside prevails.

(30 JANUARY 2019)AUD/USD:The upside prevails.

30 January 2019, 08:57
Jiming Huang
0
49

aud

Pivot (invalidation): 0.7160

Our preference

Long positions above 0.7160 with targets at 0.7205 & 0.7235 in extension.

Alternative scenario

Below 0.7160 look for further downside with 0.7140 & 0.7120 as targets.

Comment

The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)

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