(14 MAY 2019)AUD/USD:Caution.

(14 MAY 2019)AUD/USD:Caution.

14 May 2019, 09:24
Jiming Huang
0
65

au

Pivot (invalidation): 0.6965

Our preference

Short positions below 0.6965 with targets at 0.6935 & 0.6915 in extension.

Alternative scenario

Above 0.6965 look for further upside with 0.6985 & 0.7005 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

(By Swissquote TRADING CENTRAL)


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