(05 MAY 2020)AUD/USD Further advance.

(05 MAY 2020)AUD/USD Further advance.

5 May 2020, 09:07
Jiming Huang
0
69

au
Pivot
 (invalidation): 0.6415
Our preference
Long positions above 0.6415 with targets at 0.6470 & 0.6485 in extension.
Alternative scenario
Below 0.6415 look for further downside with 0.6395 & 0.6375 as targets.
Comment
The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)

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