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GBP/AUD intraday: as long as 1.9062 is resistance look for 1.8911
2023-09-26
1048
Our pivot point is at 1.9062.
Our preference: as long as 1.9062 is resistance look for 1.8911.
Alternative scenario: the upside breakout of 1.9062, would call for 1.9117 and 1.9150.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI would call for further upside. Moreover, the price stands above its 20 period moving average (1.9010) but below its 50 period moving average (1.9016).
Supports and resistances:
1.9150 **
1.9117 *
1.9062 **
1.9041
1.9013 last
1.8943
1.8911 **
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