(13 March 2020)AUD/USD Rebound expected.

(13 March 2020)AUD/USD Rebound expected.

13 March 2020, 08:56
Jiming Huang
0
65

au
Pivot
 (invalidation): 0.6255
Our preference
Long positions above 0.6255 with targets at 0.6340 & 0.6385 in extension.
Alternative scenario
Below 0.6255 look for further downside with 0.6210 & 0.6150 as targets.
Comment
The break above 0.6255 is a positive signal that has opened a path to 0.6340

(By Swissquote TRADING CENTRAL)

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