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AUD/USD Intraday: consolidation.

2023-09-26
570

Pivot: 0.6420

Our preference: short positions below 0.6420 with targets at 0.6385 & 0.6370 in extension.

Alternative scenario: above 0.6420 look for further upside with 0.6435 & 0.6450 as targets.

Comment: the RSI lacks upward momentum.

Supports and resistances:

0.6450

0.6435

0.6420

0.6399 Last

0.6385

0.6370

0.6355

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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