(28 JUNE 2019)AUD/USD:The upside prevails.

(28 JUNE 2019)AUD/USD:The upside prevails.

28 June 2019, 09:02
Jiming Huang
0
42

au

Pivot (invalidation): 0.6995

Our preference

Long positions above 0.6995 with targets at 0.7030 & 0.7045 in extension.

Alternative scenario

Below 0.6995 look for further downside with 0.6985 & 0.6970 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)

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