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AUD/USD Intraday: under pressure.

2024-03-27
263

Pivot: 0.6545

Our preference: short positions below 0.6545 with targets at 0.6505 & 0.6490 in extension.

Alternative scenario: above 0.6545 look for further upside with 0.6560 & 0.6580 as targets.

Comment: as long as the resistance at 0.6545 is not surpassed, the risk of the break below 0.6505 remains high.

Supports and resistances:

0.6580

0.6560

0.6545

0.6521 Last

0.6505

0.6490

0.6475

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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