(05 FEBRUARY 2019)AUD/USD:Rebound.

(05 FEBRUARY 2019)AUD/USD:Rebound.

5 February 2019, 13:28
Jiming Huang
0
60

aud

Pivot (invalidation): 0.7210

Our preference

Long positions above 0.7210 with targets at 0.7270 & 0.7295 in extension.

Alternative scenario

Below 0.7210 look for further downside with 0.7190 & 0.7175 as targets.

Comment

The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)

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