(28 DECEMBER 2018)AUD/USD:The upside prevails.

(28 DECEMBER 2018)AUD/USD:The upside prevails.

28 December 2018, 13:58
Jiming Huang
0
55

aud

Pivot (invalidation): 0.7030

Our preference

Long positions above 0.7030 with targets at 0.7055 & 0.7075 in extension.

Alternative scenario

Below 0.7030 look for further downside with 0.7015 & 0.7000 as targets.

Comment

The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL) 

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