Forex

AUD/USD may fall 15 - 35 pips

2024-09-19

Pivot

0.6780

Our preference

Short positions below 0.6780 with targets at 0.6740 & 0.6720 in extension.

Alternative scenario

Above 0.6780 look for further upside with 0.6800 & 0.6820 as targets.

Comment

The RSI advocates for further decline.

Supports and resistances

0.6820

0.6800

0.6780

0.6755 Last

0.6740

0.6720

0.6700

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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