(13 October 2020)AUD/USD The downside prevails.

(13 October 2020)AUD/USD The downside prevails.

13 October 2020, 08:50
Jiming Huang
0
65

au
Pivot
 (invalidation): 0.7200
Our preference
Short positions below 0.7200 with targets at 0.7150 & 0.7135 in extension.
Alternative scenario
Above 0.7200 look for further upside with 0.7220 & 0.7235 as targets.
Comment
The RSI has broken down its 30 level.

(By Swissquote TRADING CENTRAL)


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