AUD/USD Intraday: rebound
Jan 16, 2025 3:19 PM
rebound.
0.6182 is our pivot point.
Our preference:
rebound.
Alternative scenario:
below 0.6182, expect 0.6156 and 0.6140.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (0.6209) but below its 50 period moving average (0.6217).
Supports and resistances:
0.6299 **
0.6283 *
0.6268 **
0.6252
0.6216 last
0.6192
0.6182 **
0.6156 *
0.6140 **
Our preference:
rebound.
Alternative scenario:
below 0.6182, expect 0.6156 and 0.6140.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (0.6209) but below its 50 period moving average (0.6217).
Supports and resistances:
0.6299 **
0.6283 *
0.6268 **
0.6252
0.6216 last
0.6192
0.6182 **
0.6156 *
0.6140 **
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AUD/USD
0.61932
0.00053
+0.09%