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AUD/USD Intraday: supported by a rising trend line.

2024-04-23
402

Pivot: 0.6435

Our preference: long positions above 0.6435 with targets at 0.6470 & 0.6485 in extension.

Alternative scenario: below 0.6435 look for further downside with 0.6420 & 0.6405 as targets.

Comment: the RSI is mixed to bullish.

Supports and resistances:

0.6500

0.6485

0.6470

0.6442 Last

0.6435

0.6420

0.6405

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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