(07 SEPTEMBER 2018)AUD/USD:The downside prevails.

Pivot (invalidation): 0.7185

Our preference

Short positions below 0.7185 with targets at 0.7140 & 0.7120 in extension.

Alternative scenario

Above 0.7185 look for further upside with 0.7210 & 0.7235 as targets.

Comment

The RSI has broken down its 30 level. 

(By Swissquote TRADING CENTRAL)