![(05 JULY 2019)AUD/USD:Supported by a rising trend line. (05 JULY 2019)AUD/USD:Supported by a rising trend line.](https://c.mql5.com/6/836/splash-727882.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
41
Pivot (invalidation): 0.7015
Our preference
Long positions above 0.7015 with targets at 0.7035 & 0.7050 in extension.
Alternative scenario
Below 0.7015 look for further downside with 0.7000 & 0.6985 as targets.
Comment
The RSI calls for a bounce.
(By Swissquote TRADING CENTRAL)