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AUD/USD Intraday: rebound.

2023-10-04
611

Pivot: 0.6300

Our preference: long positions above 0.6300 with targets at 0.6350 & 0.6370 in extension.

Alternative scenario: below 0.6300 look for further downside with 0.6280 & 0.6260 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

0.6395

0.6370

0.6350

0.6321 Last

0.6300

0.6280

0.6260

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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