(10 APRIL 2019)AUD/USD:The downside prevails.

(10 APRIL 2019)AUD/USD:The downside prevails.

10 April 2019, 09:50
Jiming Huang
0
13

au

Pivot (invalidation): 0.7130

Our preference

Short positions below 0.7130 with targets at 0.7100 & 0.7085 in extension.

Alternative scenario

Above 0.7130 look for further upside with 0.7150 & 0.7165 as targets.

Comment

The RSI is bearish and calls for further downside

(By Swissquote TRADING CENTRAL)


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