(27 MAY 2019)AUD/USD:The upside prevails.

(27 MAY 2019)AUD/USD:The upside prevails.

27 May 2019, 09:14
Jiming Huang
0
69

au

Pivot (invalidation): 0.6915

Our preference

Long positions above 0.6915 with targets at 0.6950 & 0.6960 in extension.

Alternative scenario

Below 0.6915 look for further downside with 0.6900 & 0.6880 as targets.

Comment

The break above 0.6915 is a positive signal that has opened a path to 0.6950.

(By Swissquote TRADING CENTRAL)


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