(16 AUGUST 2019)AUD/USD:Turning up.

(16 AUGUST 2019)AUD/USD:Turning up.

16 August 2019, 09:06
Jiming Huang
0
52

au

Pivot
 (invalidation): 0.6770
Our preference
Long positions above 0.6770 with targets at 0.6800 & 0.6815 in extension.
Alternative scenario
Below 0.6770 look for further downside with 0.6760 & 0.6750 as targets.
Comment
The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL)