(14 MARCH 2019)AUD/USD:Towards 0.7045.

(14 MARCH 2019)AUD/USD:Towards 0.7045.

14 March 2019, 08:58
Jiming Huang
0
43

aud

Pivot (invalidation): 0.7085

Our preference

Short positions below 0.7085 with targets at 0.7060 & 0.7045 in extension.

Alternative scenario

Above 0.7085 look for further upside with 0.7100 & 0.7120 as targets.

Comment

The RSI is bearish and calls for further downside

(By Swissquote TRADING CENTRAL)


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