(01 JULY 2019)AUD/USD:Break of a ST rising trendline support.

(01 JULY 2019)AUD/USD:Break of a ST rising trendline support.

1 July 2019, 09:19
Jiming Huang
0
51

au

Pivot (invalidation): 0.7030

Our preference

Short positions below 0.7030 with targets at 0.6985 & 0.6970 in extension.

Alternative scenario

Above 0.7030 look for further upside with 0.7045 & 0.7065 as targets.

Comment

The RSI calls for a new downleg.

(By Swissquote TRADING CENTRAL)

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