AUD/USD Intraday: as long as 0.7034 is support look for 0.7084
AUD/USD (AUD/USD)-0.00199-0.29%
as long as 0.7034 is support look for 0.7084

Our pivot point is at 0.7034.
Our preference: as long as 0.7034 is support look for 0.7084
Alternative scenario: below 0.7034, expect 0.7016 and 0.7005.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.7045 and 0.7042).
Supports and resistances:
0.7094 *
0.7084 **
0.7073
0.7048 last
0.7034 **
0.7016 *
0.7005 **
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.