(09 JULY 2018)AUD/USD:Further advance.

(09 JULY 2018)AUD/USD:Further advance.

9 July 2018, 09:34
Jiming Huang
0
49

aud

Pivot (invalidation): 0.7423

Our preference

Long positions above 0.7423 with targets at 0.7470 & 0.7485 in extension.

Alternative scenario

Below 0.7423 look for further downside with 0.7400 & 0.7375 as targets.

Comment

The RSI advocates for further advance.

(By Swissquote TRADING CENTRAL) 

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