(18 JULY 2019)AUD/USD:Turning up.

(18 JULY 2019)AUD/USD:Turning up.

18 July 2019, 08:59
Jiming Huang
0
11

au

Pivot (invalidation): 0.7005

Our preference

Long positions above 0.7005 with targets at 0.7040 & 0.7060 in extension.

Alternative scenario

Below 0.7005 look for further downside with 0.6995 & 0.6980 as targets.

Comment

The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL)


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