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AUD/USD MT: the upside prevails.

2024-04-29
225

Pivot: 0.6150

Our preference: long positions above 0.6150 with targets at 0.6900 & 0.7150 in extension.

Alternative scenario: below 0.6150 look for further downside with 0.5700 & 0.5500 as targets.

Comment: the RSI is mixed to bullish.

Supports and resistances:

0.7550 **

0.7150 ***

0.6900 ***

0.6564 Last

0.6150 ***

0.5700 ***

0.5500 *

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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