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AUDUSD: Fokus pada penekanan di dekat 0,7030

2022-07-25
1286
Fundamental analysis:

While U.S. copper fell 0.5% on worries about rising global interest rates, the Australian dollar eased slightly after rising 0.60% to a three-week high above the 0.69 level yesterday, supported by buoyant risk appetite and strong U.S. corporate earnings.

AUDUSD AUDUSD daily chart


A brief technical analysis:

From the daily chart: the short-term exchange rate is weak, the MACD runs below the 0 axis but the volume is slightly reduced, and the RSI rises slightly. 

Long-short turning point: 0.7030

Suppression bit: 0.7200 0.7400

Support: 0.6850 0.6700

Trading strategy: bearish below 0.7030, target 0.6850, 0.6700

Alternative strategy: bullish above 0.7030, target 0.7200, 0.7400

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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