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EUR/AUD intraday: as long as 1.6568 is support look for 1.6669
2024-02-09
600
Our pivot point stands at 1.6568.
Our preference: as long as 1.6568 is support look for 1.6669.
Alternative scenario: the downside breakout of 1.6568 would call for 1.6531 and 1.6509.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.6590 and 1.6555).
Supports and resistances:
1.6713 **
1.6691 *
1.6669 **
1.6647
1.6602 last
1.6582
1.6568 **
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