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AUD/USD Intraday: bullish bias above 0.6625.

2024-03-08
946

Pivot: 0.6625

Our preference: long positions above 0.6625 with targets at 0.6655 & 0.6670 in extension.

Alternative scenario: below 0.6625 look for further downside with 0.6610 & 0.6585 as targets.

Comment: the break above 0.6625 is a positive signal that has opened a path to 0.6655.

Supports and resistances:

0.6700

0.6670

0.6655

0.6635 Last

0.6625

0.6610

0.6585

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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