AUD/USD Intraday: the upside prevails.

AUD/USD (AUD/USD)
+0.00345+0.52%
long positions above 0.6670 with targets at 0.6720 & 0.6735 in extension.
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Pivot: 0.6670

Our preference: long positions above 0.6670 with targets at 0.6720 & 0.6735 in extension.

Alternative scenario: below 0.6670 look for further downside with 0.6655 & 0.6640 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:
0.6750
0.6735
0.6720
0.6694 Last
0.6670
0.6655
0.6640

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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