(18 APRIL 2019)AUD/USD:Caution.

(18 APRIL 2019)AUD/USD:Caution.

18 April 2019, 09:45
Jiming Huang
0
15

ai

Pivot (invalidation): 0.7185

Our preference

Short positions below 0.7185 with targets at 0.7160 & 0.7140 in extension.

Alternative scenario

Above 0.7185 look for further upside with 0.7205 & 0.7220 as targets.

Comment

The upward potential is likely to be limited by the resistance at 0.7185.

(By Swissquote TRADING CENTRAL)


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