AUD/USD Intraday: key resistance at 0.6225
Jan 17, 2025 5:58 AM
short positions below 0.6225 with targets at 0.6175 & 0.6160 in extension.
Pivot: 0.6225
Our preference:
short positions below 0.6225 with targets at 0.6175 & 0.6160 in extension.
Alternative scenario:
above 0.6225 look for further upside with 0.6245 & 0.6260 as targets.
Comment:
as long as 0.6225 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
0.6260
0.6245
0.6225
0.6201 Last
0.6175
0.6160
0.6145
Our preference:
short positions below 0.6225 with targets at 0.6175 & 0.6160 in extension.
Alternative scenario:
above 0.6225 look for further upside with 0.6245 & 0.6260 as targets.
Comment:
as long as 0.6225 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
0.6260
0.6245
0.6225
0.6201 Last
0.6175
0.6160
0.6145
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