(07 DECEMBER 2018)AUD/USD:Rebound.

(07 DECEMBER 2018)AUD/USD:Rebound.

7 December 2018, 09:12
Jiming Huang
0
13

aud

Pivot (invalidation): 0.7215

Our preference

Long positions above 0.7215 with targets at 0.7255 & 0.7275 in extension.

Alternative scenario

Below 0.7215 look for further downside with 0.7190 & 0.7160 as targets.

Comment

The RSI calls for a bounce.

(By Swissquote TRADING CENTRAL) 


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