(10 OCTOBER 2018)AUD/USD:Further upside.

(10 OCTOBER 2018)AUD/USD:Further upside.

10 October 2018, 09:30
Jiming Huang
0
69

aud

Pivot (invalidation): 0.7090

Our preference

Long positions above 0.7090 with targets at 0.7130 & 0.7160 in extension.

Alternative scenario

Below 0.7090 look for further downside with 0.7070 & 0.7050 as targets.

Comment

The RSI advocates for further advance.

(By Swissquote TRADING CENTRAL)

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