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AUD/USD ST: continuation of the rebound.

2024-03-13
749

Pivot: 0.6477

Our preference: long positions above 0.6477 with targets at 0.6690 & 0.6780 in extension.

Alternative scenario: below 0.6477 look for further downside with 0.6440 & 0.6335 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:

0.6870 ***

0.6780 **

0.6690 **

0.6612 Last

0.6477 ***

0.6440 ***

0.6335 ***

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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