(22 JANUARY 2019)AUD/USD:Under pressure.

(22 JANUARY 2019)AUD/USD:Under pressure.

22 January 2019, 09:07
Jiming Huang
0
16

aud

Pivot (invalidation): 0.7165

Our preference

Short positions below 0.7165 with targets at 0.7120 & 0.7100 in extension.

Alternative scenario

Above 0.7165 look for further upside with 0.7185 & 0.7205 as targets.

Comment

The RSI has broken up its 30 level. 

(By Swissquote TRADING CENTRAL)

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