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AUD/USD Intraday: key resistance at 0.6235

Feb 4, 2025 12:09 PM
short positions below 0.6235 with targets at 0.6165 & 0.6140 in extension.
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Pivot: 0.6235
Our preference:
short positions below 0.6235 with targets at 0.6165 & 0.6140 in extension.
Alternative scenario:
above 0.6235 look for further upside with 0.6260 & 0.6290 as targets.
Comment:
as long as the resistance at 0.6235 is not surpassed, the risk of the break below 0.6165 remains high.
Supports and resistances:
0.6290
0.6260
0.6235
0.6208 Last
0.6165
0.6140
0.6115
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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