(15 AUGUST 2018)AUD/USD:The downside prevails.

(15 AUGUST 2018)AUD/USD:The downside prevails.

15 August 2018, 09:12
Jiming Huang
0
48

aud

Pivot (invalidation): 0.7250

Our preference

Short positions below 0.7250 with targets at 0.7180 & 0.7160 in extension.

Alternative scenario

Above 0.7250 look for further upside with 0.7290 & 0.7325 as targets.

Comment

The RSI has broken down its 30 level. 

(By Swissquote TRADING CENTRAL) 

Share it with friends: