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AUD/USD Intraday: the upside prevails.

2024-01-19
484

Pivot: 0.6545

Our preference: long positions above 0.6545 with targets at 0.6595 & 0.6615 in extension.

Alternative scenario: below 0.6545 look for further downside with 0.6525 & 0.6510 as targets.

Comment: technically the RSI is above its neutrality area at 50.

Supports and resistances:

0.6630

0.6615

0.6595

0.6576 Last

0.6545

0.6525

0.6510

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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