AUD/USD Intraday: further upside.

AUD/USD (AUD/USD)
-0.00008-0.01%
long positions above 0.6540 with targets at 0.6580 & 0.6595 in extension.
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Pivot: 0.6540

Our preference: long positions above 0.6540 with targets at 0.6580 & 0.6595 in extension.

Alternative scenario: below 0.6540 look for further downside with 0.6520 & 0.6500 as targets.

Comment: investors have to remain cautious since these levels may trigger profit taking.

Supports and resistances:
0.6610
0.6595
0.6580
0.6579 Last
0.6540
0.6520
0.6500

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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