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

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

8 February 2019, 12:08
Jiming Huang
0
56

aud

Pivot (invalidation): 0.7105

Our preference

Short positions below 0.7105 with targets at 0.7055 & 0.7030 in extension.

Alternative scenario

Above 0.7105 look for further upside with 0.7120 & 0.7140 as targets.

Comment

The RSI calls for a new downleg.

(By Swissquote TRADING CENTRAL)


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