(10 AUGUST 2018)AUD/USD:Target 0.7355.

(10 AUGUST 2018)AUD/USD:Target 0.7355.

10 August 2018, 09:34
Jiming Huang
0
14

aud

Pivot (invalidation): 0.7395

Our preference

Short positions below 0.7395 with targets at 0.7355 & 0.7330 in extension.

Alternative scenario

Above 0.7395 look for further upside with 0.7410 & 0.7430 as targets.

Comment

The RSI advocates for further downside.

(By Swissquote TRADING CENTRAL) 


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