(29 JULY 2020)AUD/USD Bullish bias above 0.7145.

(29 JULY 2020)AUD/USD Bullish bias above 0.7145.

29 July 2020, 09:27
Jiming Huang
0
80

au
Pivot
 (invalidation): 0.7145
Our preference
Long positions above 0.7145 with targets at 0.7180 & 0.7195 in extension.
Alternative scenario
Below 0.7145 look for further downside with 0.7125 & 0.7110 as targets.
Comment
A support base at 0.7145 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL)


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