(04 FEBRUARY 2019)AUD/USD:The downside prevails.

(04 FEBRUARY 2019)AUD/USD:The downside prevails.

4 February 2019, 08:56
Jiming Huang
0
51

aud

Pivot (invalidation): 0.7265

Our preference

Short positions below 0.7265 with targets at 0.7205 & 0.7180 in extension.

Alternative scenario

Above 0.7265 look for further upside with 0.7295 & 0.7325 as targets.

Comment

A break below 0.7205 would trigger a drop towards 0.7180.

(By Swissquote TRADING CENTRAL)


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