(09 APRIL 2019)AUD/USD:Further upside.

(09 APRIL 2019)AUD/USD:Further upside.

9 April 2019, 09:49
Jiming Huang
0
15

au

Pivot (invalidation): 0.7110

Our preference

Long positions above 0.7110 with targets at 0.7145 & 0.7165 in extension.

Alternative scenario

Below 0.7110 look for further downside with 0.7095 & 0.7085 as targets.

Comment

The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)

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