(18 JUNE 2019)AUD/USD:Capped by a negative trend line.

Pivot (invalidation): 0.6860

Our preference

Short positions below 0.6860 with targets at 0.6830 & 0.6815 in extension.

Alternative scenario

Above 0.6860 look for further upside with 0.6875 & 0.6885 as targets.

Comment

The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)