(01 October 2020)AUD/USD The bias remains bullish.

(01 October 2020)AUD/USD The bias remains bullish.

1 October 2020, 09:24
Jiming Huang
0
80

au
Pivot
 (invalidation): 0.7150
Our preference
Long positions above 0.7150 with targets at 0.7200 & 0.7220 in extension.
Alternative scenario
Below 0.7150 look for further downside with 0.7130 & 0.7105 as targets.
Comment
A support base at 0.7150 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)


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