
(08 JANUARY 2019)AUD/USD:Intraday support around 0.7105.
8 January 2019, 09:25

0
84
Pivot (invalidation): 0.7105
Our preference
Long positions above 0.7105 with targets at 0.7150 & 0.7185 in extension.
Alternative scenario
Below 0.7105 look for further downside with 0.7080 & 0.7055 as targets.
Comment
A support base at 0.7105 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)