(10 JULY 2019)AUD/USD:Under pressure.

(10 JULY 2019)AUD/USD:Under pressure.

10 July 2019, 08:57
Jiming Huang
0
39

au

Pivot (invalidation): 0.6940

Our preference

Short positions below 0.6940 with targets at 0.6900 & 0.6885 in extension.

Alternative scenario

Above 0.6940 look for further upside with 0.6955 & 0.6975 as targets.

Comment

The RSI advocates for further downside.

(By Swissquote TRADING CENTRAL)

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