Forex

AUD/USD may fall 18 - 33 pips

2024-06-14

Pivot

0.6640

Our preference

Short positions below 0.6640 with targets at 0.6590 & 0.6575 in extension.

Alternative scenario

Above 0.6640 look for further upside with 0.6675 & 0.6700 as targets.

Comment

The RSI advocates for further downside.

Supports and resistances

0.6700

0.6675

0.6640

0.6608 Last

0.6590

0.6575

0.6530

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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