(20 October 2020)AUD/USD The downside prevails.

(20 October 2020)AUD/USD The downside prevails.

20 October 2020, 09:00
Jiming Huang
0
77

au
Pivot
 (invalidation): 0.7070
Our preference
Short positions below 0.7070 with targets at 0.7020 & 0.7000 in extension.
Alternative scenario
Above 0.7070 look for further upside with 0.7090 & 0.7115 as targets.
Comment
The RSI has broken down its 30 level.

(By Swissquote TRADING CENTRAL)


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