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

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

29 May 2019, 09:25
Jiming Huang
0
70

au

Pivot (invalidation): 0.6910

Our preference

Long positions above 0.6910 with targets at 0.6940 & 0.6955 in extension.

Alternative scenario

Below 0.6910 look for further downside with 0.6900 & 0.6890 as targets.

Comment

The RSI calls for a bounce.

(By Swissquote TRADING CENTRAL)


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