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AUD/USD Intraday: key resistance at 0.6590.

2024-01-29
1110

Pivot: 0.6590

Our preference: short positions below 0.6590 with targets at 0.6565 & 0.6550 in extension.

Alternative scenario: above 0.6590 look for further upside with 0.6605 & 0.6620 as targets.

Comment: technically the RSI is below its neutrality area at 50.

Supports and resistances:

0.6620

0.6605

0.6590

0.6575 Last

0.6565

0.6550

0.6535

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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