(20 NOVEMBER 2018)AUD/USD:Capped by a negative trend line.

Pivot (invalidation): 0.7305

Our preference

Short positions below 0.7305 with targets at 0.7275 & 0.7250 in extension.

Alternative scenario

Above 0.7305 look for further upside with 0.7325 & 0.7340 as targets.

Comment

The RSI calls for a drop.

(By Swissquote TRADING CENTRAL)