Forex

AUD/USD may rise 10 - 25 pips

2024-07-03

Pivot

0.6660

Our preference

Long positions above 0.6660 with targets at 0.6685 & 0.6700 in extension.

Alternative scenario

Below 0.6660 look for further downside with 0.6645 & 0.6630 as targets.

Comment

The break above 0.6660 is a positive signal that has opened a path to 0.6685.

Supports and resistances

0.6715

0.6700

0.6685

0.6675 Last

0.6660

0.6645

0.6630

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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