(29 OCTOBER 2018)AUD/USD:The bias remains bullish.

(29 OCTOBER 2018)AUD/USD:The bias remains bullish.

29 October 2018, 09:18
Jiming Huang
0
58

aud

Pivot (invalidation): 0.7075

Our preference

Long positions above 0.7075 with targets at 0.7125 & 0.7150 in extension.

Alternative scenario

Below 0.7075 look for further downside with 0.7055 & 0.7035 as targets.

Comment

The RSI shows upside momentum

(By Swissquote TRADING CENTRAL) 


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