AUD/USD Intraday: Aim at 0.7088
AUD/USD (AUD/USD)
+0.00341+0.49%
The upside prevails as long as 0.7041 is support, with 0.7088 and 0.7099 as targets
Our pivot point is at 0.7041.
Our preference: The upside prevails as long as 0.7041 is support, with 0.7088 and 0.7099 as targets
Alternative scenario: below 0.7041, expect 0.7022 and 0.7011.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 0.7056 and 0.7040).
Supports and resistances:
0.7111 *
0.7099 **
0.7088
0.7069 last
0.7041 **
0.7022 *
0.7011 **
Our preference: The upside prevails as long as 0.7041 is support, with 0.7088 and 0.7099 as targets
Alternative scenario: below 0.7041, expect 0.7022 and 0.7011.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 0.7056 and 0.7040).
Supports and resistances:
0.7111 *
0.7099 **
0.7088
0.7069 last
0.7041 **
0.7022 *
0.7011 **
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