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AUD/USD Intraday: bullish bias above 0.6410.

2023-09-12
904

Pivot: 0.6410

Our preference: long positions above 0.6410 with targets at 0.6450 & 0.6465 in extension.

Alternative scenario: below 0.6410 look for further downside with 0.6395 & 0.6380 as targets.

Comment: a support base at 0.6410 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

0.6480

0.6465

0.6450

0.6425 Last

0.6410

0.6395

0.6380

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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