(16 APRIL 2019)AUD/USD:Turning down.

(16 APRIL 2019)AUD/USD:Turning down.

16 April 2019, 09:54
Jiming Huang
0
16

au

Pivot (invalidation): 0.7165

Our preference

Short positions below 0.7165 with targets at 0.7125 & 0.7115 in extension.

Alternative scenario

Above 0.7165 look for further upside with 0.7180 & 0.7190 as targets.

Comment

The RSI calls for a new downleg.

(By Swissquote TRADING CENTRAL)


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