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AUD/USD Intraday: supported by a rising trend line.

2024-07-12
1082

Pivot: 0.6750

Our preference: long positions above 0.6750 with targets at 0.6795 & 0.6810 in extension.

Alternative scenario: below 0.6750 look for further downside with 0.6735 & 0.6720 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:

0.6830

0.6810

0.6795

0.6774 Last

0.6750

0.6735

0.6720

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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