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AUD/USD ST: the bias remains bullish.
2024-01-03
770
Pivot: 0.6520
Our preference: long positions above 0.6520 with targets at 0.6880 & 0.7000 in extension.
Alternative scenario: below 0.6520 look for further downside with 0.6450 & 0.6280 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
0.7030 **
0.7000 ***
0.6880 **
0.6756 Last
0.6520 ***
0.6450 ***
0.6280 **
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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