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AUD/USD Intraday: consolidation.
2023-10-23
138
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: a support base at 0.6295 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
0.6370
0.6355
0.6335
0.6309 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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