(11 MAY 2020)AUD/USD The upside prevails.

(11 MAY 2020)AUD/USD The upside prevails.

11 May 2020, 09:15
Jiming Huang
0
82

au
Pivot
 (invalidation): 0.6515
Our preference
Long positions above 0.6515 with targets at 0.6570 & 0.6600 in extension.
Alternative scenario
Below 0.6515 look for further downside with 0.6500 & 0.6480 as targets.
Comment
The RSI advocates for further upside.

(By Swissquote TRADING CENTRAL)

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