(11 APRIL 2019)AUD/USD:Intraday support around 0.7150.

(11 APRIL 2019)AUD/USD:Intraday support around 0.7150.

11 April 2019, 09:56
Jiming Huang
0
11

au

Pivot (invalidation): 0.7150

Our preference

Long positions above 0.7150 with targets at 0.7175 & 0.7195 in extension.

Alternative scenario

Below 0.7150 look for further downside with 0.7130 & 0.7110 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)

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