(12 March 2020)AUD/USD Towards 0.6405.

(12 March 2020)AUD/USD Towards 0.6405.

12 March 2020, 08:56
Jiming Huang
0
57

au
Pivot
 (invalidation): 0.6505
Our preference
Short positions below 0.6505 with targets at 0.6435 & 0.6405 in extension.
Alternative scenario
Above 0.6505 look for further upside with 0.6540 & 0.6575 as targets.
Comment
The RSI has broken down its 30 level.

(By Swissquote TRADING CENTRAL)