(23 JANUARY 2019)AUD/USD:Rebound.

(23 JANUARY 2019)AUD/USD:Rebound.

23 January 2019, 09:08
Jiming Huang
0
61

aud

Pivot (invalidation): 0.7115

Our preference

Long positions above 0.7115 with targets at 0.7150 & 0.7165 in extension.

Alternative scenario

Below 0.7115 look for further downside with 0.7100 & 0.7085 as targets.

Comment

The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL)