AUD/USD Intraday: under pressure
Jan 10, 2025 12:05 PM
short positions below 0.6205 with targets at 0.6170 & 0.6155 in extension.
Pivot: 0.6205
Our preference:
short positions below 0.6205 with targets at 0.6170 & 0.6155 in extension.
Alternative scenario:
above 0.6205 look for further upside with 0.6220 & 0.6235 as targets.
Comment:
as long as the resistance at 0.6205 is not surpassed, the risk of the break below 0.6170 remains high.
Supports and resistances:
0.6235
0.6220
0.6205
0.6188 Last
0.6170
0.6155
0.6140
Our preference:
short positions below 0.6205 with targets at 0.6170 & 0.6155 in extension.
Alternative scenario:
above 0.6205 look for further upside with 0.6220 & 0.6235 as targets.
Comment:
as long as the resistance at 0.6205 is not surpassed, the risk of the break below 0.6170 remains high.
Supports and resistances:
0.6235
0.6220
0.6205
0.6188 Last
0.6170
0.6155
0.6140
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.
Related Instruments
AUD/USD
0.61879
-0.00240
-0.39%