Forex

AUD/USD may fall 14 - 24 pips

2024-07-22

Pivot

0.6695

Our preference

Short positions below 0.6695 with targets at 0.6660 & 0.6650 in extension.

Alternative scenario

Above 0.6695 look for further upside with 0.6710 & 0.6725 as targets.

Comment

A break below 0.6660 would trigger a drop towards 0.6650.

Supports and resistances

0.6725

0.6710

0.6695

0.6674 Last

0.6660

0.6650

0.6635

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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