(20 March 2020)AUD/USD The bias remains bullish.

(20 March 2020)AUD/USD The bias remains bullish.

20 March 2020, 08:12
Jiming Huang
0
77

au
Pivot
 (invalidation): 0.5755
Our preference
Long positions above 0.5755 with targets at 0.5965 & 0.6030 in extension.
Alternative scenario
Below 0.5755 look for further downside with 0.5660 & 0.5610 as targets.
Comment
The break above 0.5755 is a positive signal that has opened a path to 0.5965.

(By Swissquote TRADING CENTRAL)

Share it with friends: