(06 AUGUST 2019)AUD/USD:Further advance.

(06 AUGUST 2019)AUD/USD:Further advance.

6 August 2019, 08:58
Jiming Huang
0
50

au

Pivot (invalidation): 0.6760

Our preference

Long positions above 0.6760 with targets at 0.6805 & 0.6820 in extension.

Alternative scenario

Below 0.6760 look for further downside with 0.6745 & 0.6720 as targets.

Comment

The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)

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