(07 September 2020)AUD/USD The bias remains bullish.

(07 September 2020)AUD/USD The bias remains bullish.

7 September 2020, 09:30
Jiming Huang
0
77

ay
Pivot
 (invalidation): 0.7260
Our preference
Long positions above 0.7260 with targets at 0.7310 & 0.7340 in extension.
Alternative scenario
Below 0.7260 look for further downside with 0.7240 & 0.7220 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)


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