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AUD/USD Intraday: the upside prevails.

2023-10-31
572

Pivot: 0.6340

Our preference: long positions above 0.6340 with targets at 0.6385 & 0.6400 in extension.

Alternative scenario: below 0.6340 look for further downside with 0.6315 & 0.6300 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

0.6410

0.6400

0.6385

0.6371 Last

0.6340

0.6315

0.6300

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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