(25 FEBRUARY 2019)AUD/USD:Supported by a rising trend line.
25 February 2019, 08:55
0
49
Pivot (invalidation): 0.7120
Our preference
Long positions above 0.7120 with targets at 0.7160 & 0.7180 in extension.
Alternative scenario
Below 0.7120 look for further downside with 0.7095 & 0.7070 as targets.
Comment
Technically the RSI is above its neutrality area at 50.
(By Swissquote TRADING CENTRAL)
