(14 AUGUST 2019)AUD/USD:The bias remains bullish.

(14 AUGUST 2019)AUD/USD:The bias remains bullish.

14 August 2019, 09:15
Jiming Huang
0
48

au

Pivot
 (invalidation): 0.6775
Our preference
Long positions above 0.6775 with targets at 0.6815 & 0.6830 in extension.
Alternative scenario
Below 0.6775 look for further downside with 0.6750 & 0.6725 as targets.
Comment
A support base at 0.6775 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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