(06 MARCH 2019)AUD/USD:Under pressure.

(06 MARCH 2019)AUD/USD:Under pressure.

6 March 2019, 09:03
Jiming Huang
0
59

aud

Pivot (invalidation): 0.7065

Our preference

Short positions below 0.7065 with targets at 0.7015 & 0.6990 in extension.

Alternative scenario

Above 0.7065 look for further upside with 0.7090 & 0.7115 as targets.

Comment

The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL)


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