(23 November 2020)AUD/USD The upside prevails.

(23 November 2020)AUD/USD The upside prevails.

23 November 2020, 09:15
Jiming Huang
0
114

au
Pivot
 (invalidation): 0.7295
Our preference
Long positions above 0.7295 with targets at 0.7330 & 0.7355 in extension.
Alternative scenario
Below 0.7295 look for further downside with 0.7280 & 0.7265 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)