AUD/USD Intraday: choppy
Jan 17, 2025 3:47 AM
short positions below 0.6230 with targets at 0.6190 & 0.6175 in extension.
Pivot: 0.6230
Our preference:
short positions below 0.6230 with targets at 0.6190 & 0.6175 in extension.
Alternative scenario:
above 0.6230 look for further upside with 0.6245 & 0.6260 as targets.
Comment:
as long as 0.6230 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
0.6260
0.6245
0.6230
0.6208 Last
0.6190
0.6175
0.6160
Our preference:
short positions below 0.6230 with targets at 0.6190 & 0.6175 in extension.
Alternative scenario:
above 0.6230 look for further upside with 0.6245 & 0.6260 as targets.
Comment:
as long as 0.6230 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
0.6260
0.6245
0.6230
0.6208 Last
0.6190
0.6175
0.6160
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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