(18 DECEMBER 2018)AUD/USD:Bullish bias above 0.7180.

Pivot (invalidation): 0.7180

Our preference

Long positions above 0.7180 with targets at 0.7200 & 0.7215 in extension.

Alternative scenario

Below 0.7180 look for further downside with 0.7165 & 0.7150 as targets.

Comment

The RSI is above its neutrality area at 50%.

(By Swissquote TRADING CENTRAL)