(06 NOVEMBER 2018)AUD/USD:Intraday support around 0.7180.

(06 NOVEMBER 2018)AUD/USD:Intraday support around 0.7180.

6 November 2018, 09:32
Jiming Huang
0
58

aud

Pivot (invalidation): 0.7180

Our preference

Long positions above 0.7180 with targets at 0.7230 & 0.7260 in extension.

Alternative scenario

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

Comment

The RSI is above its neutrality area at 50%.

(By Swissquote TRADING CENTRAL) 

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