(08 MAY 2019)AUD/USD:Aim @ 0.7045.

(08 MAY 2019)AUD/USD:Aim @ 0.7045.

8 May 2019, 09:12
Jiming Huang
0
45

au

Pivot (invalidation): 0.7005

Our preference

Long positions above 0.7005 with targets at 0.7030 & 0.7045 in extension.

Alternative scenario

Below 0.7005 look for further downside with 0.6995 & 0.6960 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)


Share it with friends: