Forex

AUD/USD may fall 11 - 26 pips

2024-10-15

Pivot

0.6735

Our preference

Short positions below 0.6735 with targets at 0.6705 & 0.6690 in extension.

Alternative scenario

Above 0.6735 look for further upside with 0.6750 & 0.6760 as targets.

Comment

A break below 0.6705 would trigger a drop towards 0.6690.

Supports and resistances

0.6760

0.6750

0.6735

0.6716 Last

0.6705

0.6690

0.6675

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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