(22 JULY 2019)AUD/USD:Look for 0.7025.

(22 JULY 2019)AUD/USD:Look for 0.7025.

22 July 2019, 09:07
Jiming Huang
0
48

au

Pivot (invalidation): 0.7050

Our preference

Short positions below 0.7050 with targets at 0.7035 & 0.7025 in extension.

Alternative scenario

Above 0.7050 look for further upside with 0.7065 & 0.7075 as targets.

Comment

A break below 0.7035 would trigger a drop towards 0.7025.

(By Swissquote TRADING CENTRAL)

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