(17 JANUARY 2019)AUD/USD:The downside prevails.

(17 JANUARY 2019)AUD/USD:The downside prevails.

17 January 2019, 09:17
Jiming Huang
0
51

aud

Pivot (invalidation): 0.7190

Our preference

Short positions below 0.7190 with targets at 0.7145 & 0.7130 in extension.

Alternative scenario

Above 0.7190 look for further upside with 0.7210 & 0.7225 as targets.

Comment

The RSI advocates for further decline

(By Swissquote TRADING CENTRAL)


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