AUD/USD Intraday: rise to 0.6843
Sep 18, 2024 7:26 PM
rise to 0.6843.
Our pivot point is at 0.6737.
Our preference:
rise to 0.6843.
Alternative scenario:
the downside breakout of 0.6737 would call for 0.6706 and 0.6687.
Comment:
the RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is below its 20 period moving average (0.6777) but above its 50 period moving average (0.6769).
Supports and resistances:
0.6880 **
0.6861 *
0.6843 **
0.6824
0.6769 last
0.6749
0.6737 **
0.6706 *
0.6687 **
Our preference:
rise to 0.6843.
Alternative scenario:
the downside breakout of 0.6737 would call for 0.6706 and 0.6687.
Comment:
the RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is below its 20 period moving average (0.6777) but above its 50 period moving average (0.6769).
Supports and resistances:
0.6880 **
0.6861 *
0.6843 **
0.6824
0.6769 last
0.6749
0.6737 **
0.6706 *
0.6687 **
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Related Instruments
AUD/USD
0.68128
-0.00012
-0.02%