(12 JULY 2019)AUD/USD:Further advance.

(12 JULY 2019)AUD/USD:Further advance.

12 July 2019, 09:05
Jiming Huang
0
48

au

Pivot (invalidation): 0.6970

Our preference

Long positions above 0.6970 with targets at 0.7000 & 0.7015 in extension.

Alternative scenario

Below 0.6970 look for further downside with 0.6955 & 0.6940 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)


Share it with friends: