(24 September 2020)AUD/USD Capped by a negative trend line.

(24 September 2020)AUD/USD Capped by a negative trend line.

24 September 2020, 08:58
Jiming Huang
0
77

au
Pivot
 (invalidation): 0.7090
Our preference
Short positions below 0.7090 with targets at 0.7010 & 0.6985 in extension.
Alternative scenario
Above 0.7090 look for further upside with 0.7135 & 0.7175 as targets.
Comment
The RSI has broken down its 30 level.

(By Swissquote TRADING CENTRAL)


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