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

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

7 December 2020, 08:59
Jiming Huang
0
96

au
Pivot
 (invalidation): 0.7405
Our preference
Long positions above 0.7405 with targets at 0.7450 & 0.7465 in extension.
Alternative scenario
Below 0.7405 look for further downside with 0.7390 & 0.7370 as targets.
Comment
The RSI is mixed with a bullish bias

(By Swissquote TRADING CENTRAL)


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