(27 MARCH 2019)AUD/USD:The downside prevails.

(27 MARCH 2019)AUD/USD:The downside prevails.

27 March 2019, 09:25
Jiming Huang
0
68

aud

Pivot (invalidation): 0.7130

Our preference

Short positions below 0.7130 with targets at 0.7095 & 0.7080 in extension.

Alternative scenario

Above 0.7130 look for further upside with 0.7145 & 0.7155 as targets.

Comment

The immediate trend remains down and the momentum is strong

(By Swissquote TRADING CENTRAL)

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