(21 JULY 2020)AUD/USD Supported by a rising trend line.

(21 JULY 2020)AUD/USD Supported by a rising trend line.

21 July 2020, 09:20
Jiming Huang
0
87

au
Pivot
 (invalidation): 0.7015
Our preference
Long positions above 0.7015 with targets at 0.7035 & 0.7050 in extension.
Alternative scenario
Below 0.7015 look for further downside with 0.7000 & 0.6985 as targets.
Comment
The break above 0.7015 is a positive signal that has opened a path to 0.70

(By Swissquote TRADING CENTRAL)


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