(02 OCTOBER 2018)AUD/USD:Bullish bias above 0.7215.

Pivot (invalidation): 0.7215

Our preference

Long positions above 0.7215 with targets at 0.7240 & 0.7255 in extension.

Alternative scenario

Below 0.7215 look for further downside with 0.7200 & 0.7185 as targets.

Comment

The RSI is above its neutrality area at 50%.

(By Swissquote TRADING CENTRAL)