(04 SEPTEMBER 2018)AUD/USD:Caution.

(04 SEPTEMBER 2018)AUD/USD:Caution.

4 September 2018, 09:49
Jiming Huang
0
62

aud

Pivot (invalidation): 0.7185

Our preference

Long positions above 0.7185 with targets at 0.7205 & 0.7225 in extension.

Alternative scenario

Below 0.7185 look for further downside with 0.7165 & 0.7145 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

(By Swissquote TRADING CENTRAL) 

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