Forex

AUD/USD may rise 24 - 39 pips

2024-06-13

Pivot

0.6635

Our preference

Long positions above 0.6635 with targets at 0.6670 & 0.6685 in extension.

Alternative scenario

Below 0.6635 look for further downside with 0.6610 & 0.6590 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

Supports and resistances

0.6705

0.6685

0.6670

0.6646 Last

0.6635

0.6610

0.6590

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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