(24 OCTOBER 2018)AUD/USD:Further advance.

(24 OCTOBER 2018)AUD/USD:Further advance.

24 October 2018, 11:06
Jiming Huang
0
48

aud

Pivot (invalidation): 0.7075

Our preference

Long positions above 0.7075 with targets at 0.7100 & 0.7115 in extension.

Alternative scenario

Below 0.7075 look for further downside with 0.7055 & 0.7040 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL) 

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