(10 DECEMBER 2018)AUD/USD:Turning up.

Pivot (invalidation): 0.7180

Our preference

Long positions above 0.7180 with targets at 0.7245 & 0.7275 in extension.

Alternative scenario

Below 0.7180 look for further downside with 0.7160 & 0.7120 as targets.

Comment

The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL)