AUD/USD Intraday: bullish bias above 0.6485.
Nov 20, 2024 11:50 PM
long positions above 0.6485 with targets at 0.6520 & 0.6540 in extension.
Pivot: 0.6485
Our preference:
long positions above 0.6485 with targets at 0.6520 & 0.6540 in extension.
Alternative scenario:
below 0.6485 look for further downside with 0.6465 & 0.6445 as targets.
Comment:
a support base at 0.6485 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
0.6555
0.6540
0.6520
0.6508 Last
0.6485
0.6465
0.6445
Our preference:
long positions above 0.6485 with targets at 0.6520 & 0.6540 in extension.
Alternative scenario:
below 0.6485 look for further downside with 0.6465 & 0.6445 as targets.
Comment:
a support base at 0.6485 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
0.6555
0.6540
0.6520
0.6508 Last
0.6485
0.6465
0.6445
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