(11 FEBRUARY 2019)AUD/USD:Bullish bias above 0.7075.

(11 FEBRUARY 2019)AUD/USD:Bullish bias above 0.7075.

11 February 2019, 08:53
Jiming Huang
0
14

aud

Pivot (invalidation): 0.7075

Our preference

Long positions above 0.7075 with targets at 0.7120 & 0.7140 in extension.

Alternative scenario

Below 0.7075 look for further downside with 0.7055 & 0.7030 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)

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