(19 NOVEMBER 2018)AUD/USD:Bullish bias above 0.7290.

Pivot (invalidation): 0.7290

Our preference

Long positions above 0.7290 with targets at 0.7340 & 0.7375 in extension.

Alternative scenario

Below 0.7290 look for further downside with 0.7250 & 0.7230 as targets.

Comment

The RSI is above its neutrality area at 50%.

(By Swissquote TRADING CENTRAL)