(02 NOVEMBER 2018)AUD/USD:The bias remains bullish.

(02 NOVEMBER 2018)AUD/USD:The bias remains bullish.

2 November 2018, 08:47
Jiming Huang
0
62

aud

Pivot (invalidation): 0.7180

Our preference

Long positions above 0.7180 with targets at 0.7215 & 0.7240 in extension.

Alternative scenario

Below 0.7180 look for further downside with 0.7160 & 0.7135 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL) 

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