(21 MAY 2019)AUD/USD:Turning down.

(21 MAY 2019)AUD/USD:Turning down.

21 May 2019, 09:27
Jiming Huang
0
66

au

Pivot (invalidation): 0.6915

Our preference

Short positions below 0.6915 with targets at 0.6875 & 0.6860 in extension.

Alternative scenario

Above 0.6915 look for further upside with 0.6935 & 0.6955 as targets.

Comment

The immediate trend remains down and the momentum is strong.

(By Swissquote TRADING CENTRAL)


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