Forex

AUD/USD may rise 27 - 42 pips

2024-07-02

Pivot

0.6645

Our preference

Long positions above 0.6645 with targets at 0.6685 & 0.6700 in extension.

Alternative scenario

Below 0.6645 look for further downside with 0.6635 & 0.6620 as targets.

Comment

The break above 0.6645 is a positive signal that has opened a path to 0.6685.

Supports and resistances

0.6720

0.6700

0.6685

0.6658 Last

0.6645

0.6635

0.6620

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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