(25 JUNE 2018)AUD/USD:Turning down.

(25 JUNE 2018)AUD/USD:Turning down.

25 June 2018, 09:56
Jiming Huang
0
64

aud

Turning down. 

(By Swissquote TRADING CENTRAL) 

Pivot (invalidation): 0.7445

Our preference

Short positions below 0.7445 with targets at 0.7400 & 0.7370 in extension.

Alternative scenario

Above 0.7445 look for further upside with 0.7475 & 0.7500 as targets.

Comment

The RSI shows downside momentum.

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