(14 JUNE 2019)AUD/USD:The downside prevails.

(14 JUNE 2019)AUD/USD:The downside prevails.

14 June 2019, 09:20
Jiming Huang
0
55

au

Pivot (invalidation): 0.6920

Our preference

Short positions below 0.6920 with targets at 0.6875 & 0.6850 in extension.

Alternative scenario

Above 0.6920 look for further upside with 0.6935 & 0.6950 as targets.

Comment

The immediate trend remains down and the momentum is strong.

(By Swissquote TRADING CENTRAL)


Share it with friends: