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Trader Affiliates

Trading Analysis AUD/USD Intraday: under pressure.

AUD/USD Intraday: under pressure.

Short positions below 0.6385 with targets at 0.6320 & 0.6300 in extension.

Pivot: 0.6385

Our preference: short positions below 0.6385 with targets at 0.6320 & 0.6300 in extension.

Alternative scenario: above 0.6385 look for further upside with 0.6410 & 0.6430 as targets.

Comment: as long as 0.6385 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

0.6430

0.6410

0.6385

0.6371 Last

0.6320

0.6300

0.6280

Disclaimer

The reference points and analysis of the trading strategy are provided by the third party provider Trading Central, and the strategies are only the independent evaluation and judgment of individual analyst, without considering the investor's investment goals and financial status. All strategies do not constitute investment advice or recommendations, and are for reference only. Our company also does not guarantee the accuracy of the strategy, and does not assume any responsibility for negative results caused by trading strategies.