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

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

24 April 2019, 09:24
Jiming Huang
0
9

au

Pivot (invalidation): 0.7080

Our preference

Short positions below 0.7080 with targets at 0.7000 & 0.6970 in extension.

Alternative scenario

Above 0.7080 look for further upside with 0.7100 & 0.7120 as targets.

Comment

The RSI has broken down its 30 level. 

(By Swissquote TRADING CENTRAL)

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