(08 APRIL 2019)AUD/USD:0.7070 expected.

(08 APRIL 2019)AUD/USD:0.7070 expected.

8 April 2019, 09:53
Jiming Huang
0
15

AUD

Pivot (invalidation): 0.7110

Our preference

Short positions below 0.7110 with targets at 0.7090 & 0.7070 in extension.

Alternative scenario

Above 0.7110 look for further upside with 0.7130 & 0.7145 as targets.

Comment

A break below 0.7090 would trigger a drop towards 0.7070

(By Swissquote TRADING CENTRAL)


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