Forex

AUD/USD may fall 10 - 25 pips

2024-07-19

Pivot

0.6720

Our preference

Short positions below 0.6720 with targets at 0.6690 & 0.6675 in extension.

Alternative scenario

Above 0.6720 look for further upside with 0.6740 & 0.6755 as targets.

Comment

A break below 0.6690 would trigger a drop towards 0.6675.

Supports and resistances

0.6755

0.6740

0.6720

0.6700 Last

0.6690

0.6675

0.6660

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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