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

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

25 September 2018, 09:10
Jiming Huang
0
59

aud

Pivot (invalidation): 0.7265

Our preference

Short positions below 0.7265 with targets at 0.7220 & 0.7200 in extension.

Alternative scenario

Above 0.7265 look for further upside with 0.7280 & 0.7300 as targets.

Comment

As Long as 0.7265 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL) 

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