
(16 JANUARY 2019)AUD/USD:Intraday support around 0.7190.
16 January 2019, 09:29

0
75
Pivot (invalidation): 0.7190
Our preference
Long positions above 0.7190 with targets at 0.7220 & 0.7235 in extension.
Alternative scenario
Below 0.7190 look for further downside with 0.7175 & 0.7155 as targets.
Comment
The RSI lacks downward momentum.
(By Swissquote TRADING CENTRAL)