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AUD/USD Intraday: bullish bias above 0.6610.

2024-04-10
355

Pivot: 0.6610

Our preference: long positions above 0.6610 with targets at 0.6640 & 0.6655 in extension.

Alternative scenario: below 0.6610 look for further downside with 0.6595 & 0.6575 as targets.

Comment: a support base at 0.6610 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

0.6670

0.6655

0.6640

0.6622 Last

0.6610

0.6595

0.6575

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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