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AUD/USD intraday: as long as 0.6600 is support look for 0.6661
2024-03-08
694
Our pivot point is at 0.6600.
Our preference: as long as 0.6600 is support look for 0.6661.
Alternative scenario: below 0.6600, expect 0.6577 and 0.6563.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.6614 and 0.6592).
Supports and resistances:
0.6688 **
0.6674 *
0.6661 **
0.6647
0.6620 last
0.6609
0.6600 **
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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