AUD/USD Intraday: as long as 0.6224 is resistance look for 0.6153
Jan 17, 2025 6:37 PM
as long as 0.6224 is resistance look for 0.6153.
Our pivot point stands at 0.6224.
Our preference:
as long as 0.6224 is resistance look for 0.6153.
Alternative scenario:
the upside breakout of 0.6224, would call for 0.6250 and 0.6266.
Comment:
the RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is trading above its 20 period moving average (0.6200) but under its 50 period moving average (0.6205).
Supports and resistances:
0.6266 **
0.6250 *
0.6224 **
0.6213
0.6201 last
0.6169
0.6153 **
0.6138 *
0.6122 **
Our preference:
as long as 0.6224 is resistance look for 0.6153.
Alternative scenario:
the upside breakout of 0.6224, would call for 0.6250 and 0.6266.
Comment:
the RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is trading above its 20 period moving average (0.6200) but under its 50 period moving average (0.6205).
Supports and resistances:
0.6266 **
0.6250 *
0.6224 **
0.6213
0.6201 last
0.6169
0.6153 **
0.6138 *
0.6122 **
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AUD/USD
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