(21 August 2020)AUD/USD The bias remains bullish.

(21 August 2020)AUD/USD The bias remains bullish.

21 August 2020, 09:06
Jiming Huang
0
86

au
Pivot
 (invalidation): 0.7175
Our preference
Long positions above 0.7175 with targets at 0.7220 & 0.7240 in extension.
Alternative scenario
Below 0.7175 look for further downside with 0.7150 & 0.7130 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)


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