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AUD/USD Intraday: rebound expected.

2023-10-23
647

Pivot: 0.6295

Our preference: long positions above 0.6295 with targets at 0.6335 & 0.6355 in extension.

Alternative scenario: below 0.6295 look for further downside with 0.6280 & 0.6265 as targets.

Comment: the RSI is mixed with a bullish bias.

Supports and resistances:

0.6370

0.6355

0.6335

0.6315 Last

0.6295

0.6280

0.6265

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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