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AUD/USD Intraday: under pressure.

2024-01-04
978

Pivot: 0.6725

Our preference: short positions below 0.6725 with targets at 0.6690 & 0.6675 in extension.

Alternative scenario: above 0.6725 look for further upside with 0.6745 & 0.6760 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

0.6760

0.6745

0.6725

0.6700 Last

0.6690

0.6675

0.6660

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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