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GBP/AUD intraday: as long as 1.9286 is support look for 1.9420
2024-03-26
385
Our pivot point is at 1.9286.
Our preference: as long as 1.9286 is support look for 1.9420.
Alternative scenario: the downside breakout of 1.9286 would call for 1.9237 and 1.9208.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is below its 20 period moving average (1.9332) but above its 50 period moving average (1.9326).
Supports and resistances:
1.9478 **
1.9449 *
1.9420 **
1.9391
1.9331 last
1.9305
1.9286 **
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