(27 FEBRUARY 2019)AUD/USD:Intraday support around 0.7160.

(27 FEBRUARY 2019)AUD/USD:Intraday support around 0.7160.

27 February 2019, 09:00
Jiming Huang
0
71

aud

Pivot (invalidation): 0.7160

Our preference

Long positions above 0.7160 with targets at 0.7205 & 0.7225 in extension.

Alternative scenario

Below 0.7160 look for further downside with 0.7140 & 0.7120 as targets.

Comment

The RSI is above its neutrality area at 50%.

(By Swissquote TRADING CENTRAL)


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