(19 August 2020)AUD/USD Turning down.

(19 August 2020)AUD/USD Turning down.

19 August 2020, 09:10
Jiming Huang
0
115

au
Pivot
 (invalidation): 0.7260
Our preference
Short positions below 0.7260 with targets at 0.7225 & 0.7205 in extension.
Alternative scenario
Above 0.7260 look for further upside with 0.7275 & 0.7295 as targets.
Comment
The RSI calls for a new downleg.

(By Swissquote TRADING CENTRAL)