(28 JULY 2020)AUD/USD Turning down.

(28 JULY 2020)AUD/USD Turning down.

28 July 2020, 09:11
Jiming Huang
0
76

au
Pivot
 (invalidation): 0.7175
Our preference
Short positions below 0.7175 with targets at 0.7115 & 0.7100 in extension.
Alternative scenario
Above 0.7175 look for further upside with 0.7200 & 0.7220 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)


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