(20 MAY 2019)AUD/USD:Continuation of the rebound.

(20 MAY 2019)AUD/USD:Continuation of the rebound.

20 May 2019, 09:30
Jiming Huang
0
60

au

Pivot (invalidation): 0.6890

Our preference

Long positions above 0.6890 with targets at 0.6935 & 0.6950 in extension.

Alternative scenario

Below 0.6890 look for further downside with 0.6870 & 0.6850 as targets.

Comment

The RSI calls for a rebound.


(By Swissquote TRADING CENTRAL)


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