(27 JUNE 2019)AUD/USD:The bias remains bullish.

(27 JUNE 2019)AUD/USD:The bias remains bullish.

27 June 2019, 08:52
Jiming Huang
0
42

au

Pivot (invalidation): 0.6975

Our preference

Long positions above 0.6975 with targets at 0.7020 & 0.7045 in extension.

Alternative scenario

Below 0.6975 look for further downside with 0.6960 & 0.6950 as targets.

Comment

The break above 0.6975 is a positive signal that has opened a path to 0.7020

(By Swissquote TRADING CENTRAL)

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