(04 APRIL 2019)AUD/USD:Caution.

(04 APRIL 2019)AUD/USD:Caution.

4 April 2019, 10:00
Jiming Huang
0
72

aud

Pivot (invalidation): 0.7110

Our preference

Long positions above 0.7110 with targets at 0.7130 & 0.7145 in extension.

Alternative scenario

Below 0.7110 look for further downside with 0.7090 & 0.7070 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

(By Swissquote TRADING CENTRAL)


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