Forex

AUD/USD may fall 15 - 30 pips

2024-06-05

Pivot

0.6665

Our preference

Short positions below 0.6665 with targets at 0.6630 & 0.6615 in extension.

Alternative scenario

Above 0.6665 look for further upside with 0.6680 & 0.6695 as targets.

Comment

The RSI advocates for further decline.

Supports and resistances

0.6695

0.6680

0.6665

0.6645 Last

0.6630

0.6615

0.6600

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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