AUD/USD Intraday: consolidation in place.

Oct 1, 2024 11:33 AM

short positions below 0.6940 with targets at 0.6895 & 0.6880 in extension.

Pivot: 0.6940
Our preference:
short positions below 0.6940 with targets at 0.6895 & 0.6880 in extension.
Alternative scenario:
above 0.6940 look for further upside with 0.6955 & 0.6970 as targets.
Comment:
the RSI lacks momentum.
Supports and resistances:
0.6970
0.6955
0.6940
0.6911 Last
0.6895
0.6880
0.6865

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