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AUD/USD Intraday: under pressure.

2024-03-11
595

Pivot: 0.6640

Our preference: short positions below 0.6640 with targets at 0.6590 & 0.6565 in extension.

Alternative scenario: above 0.6640 look for further upside with 0.6665 & 0.6680 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

0.6680

0.6665

0.6640

0.6613 Last

0.6590

0.6565

0.6540

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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