(28 FEBRUARY 2019)AUD/USD:Key resistance at 0.7165.

(28 FEBRUARY 2019)AUD/USD:Key resistance at 0.7165.

28 February 2019, 09:24
Jiming Huang
0
45

au

Pivot (invalidation): 0.7165

Our preference

Short positions below 0.7165 with targets at 0.7125 & 0.7100 in extension.

Alternative scenario

Above 0.7165 look for further upside with 0.7180 & 0.7200 as targets.

Comment

The RSI is below its neutrality area at 50% 

(By Swissquote TRADING CENTRAL)

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