Forex

AUD/USD may fall 11 - 26 pips

2024-06-26

Pivot

0.6675

Our preference

Short positions below 0.6675 with targets at 0.6650 & 0.6635 in extension.

Alternative scenario

Above 0.6675 look for further upside with 0.6690 & 0.6700 as targets.

Comment

The break below 0.6675 is a negative signal that has opened a path to 0.6650.

Supports and resistances

0.6700

0.6690

0.6675

0.6661 Last

0.6650

0.6635

0.6620

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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