(09JULY 2019)AUD/USD:Under pressure.

(09JULY 2019)AUD/USD:Under pressure.

9 July 2019, 09:16
Jiming Huang
0
46

aud

Pivot (invalidation): 0.6980

Our preference

Short positions below 0.6980 with targets at 0.6940 & 0.6920 in extension.

Alternative scenario

Above 0.6980 look for further upside with 0.6995 & 0.7010 as targets.

Comment

The RSI has broken down its 30 level. 

(By Swissquote TRADING CENTRAL)


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