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AUD/USD Intraday: under pressure.
2024-04-16
134
Pivot: 0.6450
Our preference: short positions below 0.6450 with targets at 0.6390 & 0.6365 in extension.
Alternative scenario: above 0.6450 look for further upside with 0.6470 & 0.6495 as targets.
Comment: as long as the resistance at 0.6450 is not surpassed, the risk of the break below 0.6390 remains high.
Supports and resistances:
0.6495
0.6470
0.6450
0.6414 Last
0.6390
0.6365
0.6345
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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