AUD/USD Intraday: bullish bias above 0.6495
Nov 29, 2024 10:43 AM
long positions above 0.6495 with targets at 0.6525 & 0.6545 in extension.
Pivot: 0.6495
Our preference:
long positions above 0.6495 with targets at 0.6525 & 0.6545 in extension.
Alternative scenario:
below 0.6495 look for further downside with 0.6480 & 0.6465 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
0.6565
0.6545
0.6525
0.6504 Last
0.6495
0.6480
0.6465
Our preference:
long positions above 0.6495 with targets at 0.6525 & 0.6545 in extension.
Alternative scenario:
below 0.6495 look for further downside with 0.6480 & 0.6465 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
0.6565
0.6545
0.6525
0.6504 Last
0.6495
0.6480
0.6465
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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AUD/USD
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