AUD/USD Intraday: the upside prevails
Nov 7, 2024 6:25 AM
long positions above 0.6575 with targets at 0.6640 & 0.6670 in extension.
Pivot: 0.6575
Our preference:
long positions above 0.6575 with targets at 0.6640 & 0.6670 in extension.
Alternative scenario:
below 0.6575 look for further downside with 0.6545 & 0.6520 as targets.
Comment:
the RSI calls for a new upleg.
Supports and resistances:
0.6690
0.6670
0.6640
0.6618 Last
0.6575
0.6545
0.6520
Our preference:
long positions above 0.6575 with targets at 0.6640 & 0.6670 in extension.
Alternative scenario:
below 0.6575 look for further downside with 0.6545 & 0.6520 as targets.
Comment:
the RSI calls for a new upleg.
Supports and resistances:
0.6690
0.6670
0.6640
0.6618 Last
0.6575
0.6545
0.6520
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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AUD/USD
0.62028
0.00157
+0.25%