(05 MARCH 2019)AUD/USD:0.7035 expected.

(05 MARCH 2019)AUD/USD:0.7035 expected.

5 March 2019, 09:04
Jiming Huang
0
51

aud

Pivot (invalidation): 0.7100

Our preference

Short positions below 0.7100 with targets at 0.7065 & 0.7035 in extension.

Alternative scenario

Above 0.7100 look for further upside with 0.7120 & 0.7145 as targets.

Comment

A break below 0.7065 would trigger a drop towards 0.7035

(By Swissquote TRADING CENTRAL)


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