(23 JULY 2019)AUD/USD:Watch 0.7000.

(23 JULY 2019)AUD/USD:Watch 0.7000.

23 July 2019, 09:22
Jiming Huang
0
42

au

Pivot (invalidation): 0.7040

Our preference

Short positions below 0.7040 with targets at 0.7015 & 0.7000 in extension.

Alternative scenario

Above 0.7040 look for further upside with 0.7055 & 0.7065 as targets.

Comment

The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)


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