(22 MAY 2019)AUD/USD:Watch 0.6910.

(22 MAY 2019)AUD/USD:Watch 0.6910.

22 May 2019, 09:11
Jiming Huang
0
68

au

Pivot (invalidation): 0.6865

Our preference

Long positions above 0.6865 with targets at 0.6890 & 0.6910 in extension.

Alternative scenario

Below 0.6865 look for further downside with 0.6845 & 0.6830 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)