(30 OCTOBER 2018)AUD/USD:Up turn.

(30 OCTOBER 2018)AUD/USD:Up turn.

30 October 2018, 09:10
Jiming Huang
0
58

aud

Pivot (invalidation): 0.7065

Our preference

Long positions above 0.7065 with targets at 0.7105 & 0.7120 in extension.

Alternative scenario

Below 0.7065 look for further downside with 0.7050 & 0.7035 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL) 

Share it with friends: