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AUD/USD Intraday: the downside prevails.
2024-07-16
1024
Pivot: 0.6770
Our preference: short positions below 0.6770 with targets at 0.6730 & 0.6715 in extension.
Alternative scenario: above 0.6770 look for further upside with 0.6790 & 0.6810 as targets.
Comment: as long as the resistance at 0.6770 is not surpassed, the risk of the break below 0.6730 remains high.
Supports and resistances:
0.6810
0.6790
0.6770
0.6749 Last
0.6730
0.6715
0.6700
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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