AUD/USD Intraday: continuation of the rebound.

AUD/USD (AUD/USD)
+0.00070+0.11%
long positions above 0.6585 with targets at 0.6630 & 0.6650 in extension.
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Pivot: 0.6585

Our preference: long positions above 0.6585 with targets at 0.6630 & 0.6650 in extension.

Alternative scenario: below 0.6585 look for further downside with 0.6570 & 0.6555 as targets.

Comment: the RSI advocates for further advance.

Supports and resistances:
0.6670
0.6650
0.6630
0.6613 Last
0.6585
0.6570
0.6555

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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