(13 SEPTEMBER 2018)AUD/USD:The upside prevails.

(13 SEPTEMBER 2018)AUD/USD:The upside prevails.

13 September 2018, 09:40
Jiming Huang
0
65

aud

Pivot (invalidation): 0.7160

Our preference

Long positions above 0.7160 with targets at 0.7210 & 0.7230 in extension.

Alternative scenario

Below 0.7160 look for further downside with 0.7140 & 0.7125 as targets.

Comment

The RSI is supported by a rising trend line.

(By Swissquote TRADING CENTRAL) 

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