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AUD/USD Intraday: bullish bias above 0.6425.
2024-04-22
515
Pivot: 0.6425
Our preference: long positions above 0.6425 with targets at 0.6455 & 0.6470 in extension.
Alternative scenario: below 0.6425 look for further downside with 0.6405 & 0.6390 as targets.
Comment: a support base at 0.6425 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
0.6485
0.6470
0.6455
0.6437 Last
0.6425
0.6405
0.6390
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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