(31 JANUARY 2019)AUD/USD:0.7325 expected.

(31 JANUARY 2019)AUD/USD:0.7325 expected.

31 January 2019, 08:58
Jiming Huang
0
50

aud

Pivot (invalidation): 0.7235

Our preference

Long positions above 0.7235 with targets at 0.7300 & 0.7325 in extension.

Alternative scenario

Below 0.7235 look for further downside with 0.7205 & 0.7175 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)


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