(08 April 2020)AUD/USD The downside prevails.

(08 April 2020)AUD/USD The downside prevails.

8 April 2020, 09:03
Jiming Huang
0
68

au
Pivot
 (invalidation): 0.6165
Our preference
Short positions below 0.6165 with targets at 0.6095 & 0.6070 in extension.
Alternative scenario
Above 0.6165 look for further upside with 0.6190 & 0.6210 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)

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