(24 AUGUST 2018)AUD/USD:Turning up.

(24 AUGUST 2018)AUD/USD:Turning up.

24 August 2018, 09:27
Jiming Huang
0
47

aud

Pivot (invalidation): 0.7250

Our preference

Long positions above 0.7250 with targets at 0.7300 & 0.7315 in extension.

Alternative scenario

Below 0.7250 look for further downside with 0.7235 & 0.7220 as targets.

Comment

The RSI shows upside momentum.

(By Swissquote TRADING CENTRAL) 

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