(01 JULY 2020)AUD/USD The upside prevails.

(01 JULY 2020)AUD/USD The upside prevails.

1 July 2020, 09:27
Jiming Huang
0
82

au
Pivot
 (invalidation): 0.6885
Our preference
Long positions above 0.6885 with targets at 0.6915 & 0.6930 in extension.
Alternative scenario
Below 0.6885 look for further downside with 0.6860 & 0.6840 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)

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