(07 NOVEMBER 2018)AUD/USD:Target 0.7325.

(07 NOVEMBER 2018)AUD/USD:Target 0.7325.

7 November 2018, 09:13
Jiming Huang
0
70

aud

Pivot (invalidation): 0.7235

Our preference

Long positions above 0.7235 with targets at 0.7290 & 0.7325 in extension.

Alternative scenario

Below 0.7235 look for further downside with 0.7210 & 0.7180 as targets.

Comment

The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL)