Forex

AUD/USD may fall 22 - 37 pips

2024-07-26

Pivot

0.6560

Our preference

Short positions below 0.6560 with targets at 0.6530 & 0.6515 in extension.

Alternative scenario

Above 0.6560 look for further upside with 0.6575 & 0.6590 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

Supports and resistances

0.6590

0.6575

0.6560

0.6552 Last

0.6530

0.6515

0.6500

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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