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AUD/USD Intraday: the downside prevails.

2023-10-19
362

Pivot: 0.6340

Our preference: short positions below 0.6340 with targets at 0.6260 & 0.6230 in extension.

Alternative scenario: above 0.6340 look for further upside with 0.6365 & 0.6390 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:

0.6390

0.6365

0.6340

0.6299 Last

0.6260

0.6230

0.6200

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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