(05 SEPTEMBER 2018)AUD/USD:Choppy.

(05 SEPTEMBER 2018)AUD/USD:Choppy.

5 September 2018, 09:25
Jiming Huang
0
61

aud

Pivot (invalidation): 0.7185

Our preference

Long positions above 0.7185 with targets at 0.7215 & 0.7235 in extension.

Alternative scenario

Below 0.7185 look for further downside with 0.7170 & 0.7155 as targets.

Comment

A support base at 0.7185 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL) 

Share it with friends: