AUD/USD Intraday: under pressure below 0.6825
Sep 19, 2024 2:17 PM
under pressure below 0.6825.
Our pivot point stands at 0.6825.
Our preference:
under pressure below 0.6825.
Alternative scenario:
above 0.6825, look for 0.6857 and 0.6875.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.6816 and 0.6788).
Supports and resistances:
0.6875 **
0.6857 *
0.6825 **
0.6813
0.6787 last
0.6748
0.6730 **
0.6711 *
0.6692 **
Our preference:
under pressure below 0.6825.
Alternative scenario:
above 0.6825, look for 0.6857 and 0.6875.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.6816 and 0.6788).
Supports and resistances:
0.6875 **
0.6857 *
0.6825 **
0.6813
0.6787 last
0.6748
0.6730 **
0.6711 *
0.6692 **
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AUD/USD
0.68083
-0.00057
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