CM Trade

Download APP to receive bonus

GET

AUD/USD intraday: rebound towards 0.6458

2023-09-12
991

Our pivot point stands at 0.6402.

Our preference: rebound towards 0.6458.

Alternative scenario: below 0.6402, expect 0.6382 and 0.6370.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.6422 and 0.6426).

Supports and resistances:

0.6483 **

0.6471 *

0.6458 **

0.6446

0.6421 last

0.6410

0.6402 **

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.

Free Access
Daily Trading Strategy
Download Now

CM Trade Mobile Application

Economics Calendar

More