(18 JANUARY 2019)AUD/USD:The upside prevails.

(18 JANUARY 2019)AUD/USD:The upside prevails.

18 January 2019, 09:07
Jiming Huang
0
56

au

Pivot (invalidation): 0.7175

Our preference

Long positions above 0.7175 with targets at 0.7205 & 0.7220 in extension.

Alternative scenario

Below 0.7175 look for further downside with 0.7160 & 0.7145 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)

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