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AUD/USD Intraday: bullish bias above 0.6520.
2024-03-26
994
Pivot: 0.6520
Our preference: long positions above 0.6520 with targets at 0.6550 & 0.6565 in extension.
Alternative scenario: below 0.6520 look for further downside with 0.6505 & 0.6490 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
0.6580
0.6565
0.6550
0.6536 Last
0.6520
0.6505
0.6490
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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