(30 April 2020)AUD/USD Bullish bias above 0.6520.

(30 April 2020)AUD/USD Bullish bias above 0.6520.

30 April 2020, 08:58
Jiming Huang
0
87

AAU
Pivot
 (invalidation): 0.6520
Our preference
Long positions above 0.6520 with targets at 0.6565 & 0.6590 in extension.
Alternative scenario
Below 0.6520 look for further downside with 0.6500 & 0.6480 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)

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