Forex

AUD/USD may rise 17 - 32 pips

2024-10-10

Pivot

0.6710

Our preference

Long positions above 0.6710 with targets at 0.6755 & 0.6770 in extension.

Alternative scenario

Below 0.6710 look for further downside with 0.6690 & 0.6670 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

0.6795

0.6770

0.6755

0.6738 Last

0.6710

0.6690

0.6670

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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