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AUD/USD Intraday: the upside prevails.

2023-10-24
116

Pivot: 0.6320

Our preference: long positions above 0.6320 with targets at 0.6365 & 0.6380 in extension.

Alternative scenario: below 0.6320 look for further downside with 0.6300 & 0.6285 as targets.

Comment: the RSI advocates for further upside.

Supports and resistances:

0.6395

0.6380

0.6365

0.6342 Last

0.6320

0.6300

0.6285

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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