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

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)