(06 April 2020)AUD/USD Bullish bias above 0.5985.

(06 April 2020)AUD/USD Bullish bias above 0.5985.

6 April 2020, 08:56
Jiming Huang
0
82

au
Pivot
 (invalidation): 0.5985
Our preference
Long positions above 0.5985 with targets at 0.6050 & 0.6075 in extension.
Alternative scenario
Below 0.5985 look for further downside with 0.5960 & 0.5935 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited

(By Swissquote TRADING CENTRAL)

Share it with friends: