(29 September 2020)AUD/USD Supported by a rising trend line.

(29 September 2020)AUD/USD Supported by a rising trend line.

29 September 2020, 09:20
Jiming Huang
0
144

au
Pivot
 (invalidation): 0.7065
Our preference
Long positions above 0.7065 with targets at 0.7095 & 0.7110 in extension.
Alternative scenario
Below 0.7065 look for further downside with 0.7045 & 0.7025 as targets.
Comment
Technically the RSI is above its neutrality area at 50

(By Swissquote TRADING CENTRAL)