AUD/USD Intraday: bullish bias above 0.6735.

Jul 11, 2024 02:01
AUD/USD (AUD/USD)
+0.00245+0.36%
long positions above 0.6735 with targets at 0.6760 & 0.6775 in extension.
image
Pivot: 0.6735

Our preference: long positions above 0.6735 with targets at 0.6760 & 0.6775 in extension.

Alternative scenario: below 0.6735 look for further downside with 0.6720 & 0.6705 as targets.

Comment: a support base at 0.6735 has formed and has allowed for a temporary stabilisation.

Supports and resistances:
0.6790
0.6775
0.6760
0.6749 Last
0.6735
0.6720
0.6705

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.
goTop
quote