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AUD/USD Intraday: under pressure.
2024-03-12
660
Pivot: 0.6620
Our preference: short positions below 0.6620 with targets at 0.6585 & 0.6560 in extension.
Alternative scenario: above 0.6620 look for further upside with 0.6640 & 0.6655 as targets.
Comment: as long as the resistance at 0.6620 is not surpassed, the risk of the break below 0.6585 remains high.
Supports and resistances:
0.6655
0.6640
0.6620
0.6598 Last
0.6585
0.6560
0.6530
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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