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AUD/USD Intraday: caution.

2024-02-16
535

Pivot: 0.6500

Our preference: long positions above 0.6500 with targets at 0.6530 & 0.6540 in extension.

Alternative scenario: below 0.6500 look for further downside with 0.6485 & 0.6475 as targets.

Comment: intraday technical indicators are mixed and call for caution.

Supports and resistances:

0.6555

0.6540

0.6530

0.6511 Last

0.6500

0.6485

0.6475

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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