(24 SEPTEMBER 2018)AUD/USD:Under pressure.

(24 SEPTEMBER 2018)AUD/USD:Under pressure.

24 September 2018, 09:35
Jiming Huang
0
51

aud

Pivot (invalidation): 0.7290

Our preference

Short positions below 0.7290 with targets at 0.7250 & 0.7235 in extension.

Alternative scenario

Above 0.7290 look for further upside with 0.7305 & 0.7325 as targets.

Comment

The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL) 

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