(03 APRIL 2019)AUD/USD:The upside prevails.

(03 APRIL 2019)AUD/USD:The upside prevails.

3 April 2019, 09:49
Jiming Huang
0
44

aud

Pivot (invalidation): 0.7075

Our preference

Long positions above 0.7075 with targets at 0.7115 & 0.7130 in extension.

Alternative scenario

Below 0.7075 look for further downside with 0.7055 & 0.7040 as targets.

Comment

The break above 0.7075 is a positive signal that has opened a path to 0.7115.

(By Swissquote TRADING CENTRAL)

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