(22 AUGUST 2018)AUD/USD:The upside prevails.

(22 AUGUST 2018)AUD/USD:The upside prevails.

22 August 2018, 09:15
Jiming Huang
0
49

aud

Pivot (invalidation): 0.7345

Our preference

Long positions above 0.7345 with targets at 0.7380 & 0.7410 in extension.

Alternative scenario

Below 0.7345 look for further downside with 0.7315 & 0.7285 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL) 

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