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AUD/USD Intraday: the downside prevails.
2023-10-26
897
Pivot: 0.6320
Our preference: short positions below 0.6320 with targets at 0.6250 & 0.6230 in extension.
Alternative scenario: above 0.6320 look for further upside with 0.6345 & 0.6360 as targets.
Comment: as long as 0.6320 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
0.6360
0.6345
0.6320
0.6278 Last
0.6250
0.6230
0.6210
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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