AUD/USD - AUD/USD Intraday: continuation of the rebound - 10/07/2014 (GMT)
- 718
- 0
- Chart + Price target(s)
- Target : Upper
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- Target 1 : 0,8825
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- Target 2 : 0,889
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- Invalidation threshold : 0,87
- Timeframe : 30 min.
AUD/USD Chart
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Our preference: Long positions above 0.87 with targets @ 0.8825 & 0.889 in extension.
Alternative scenario: Below 0.87 look for further downside with 0.8635 & 0.855 as targets.
Comment: The daily RSI is posting a bullish divergence while price are holding above a strong horizontal support at 0.864.
Alternative scenario: Below 0.87 look for further downside with 0.8635 & 0.855 as targets.
Comment: The daily RSI is posting a bullish divergence while price are holding above a strong horizontal support at 0.864.
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