AUD/USD intraday: the upside prevails as long as 0

AUD/USD intraday: the upside prevails as long as 0.7895 is support

AUDUSD

Trading Central 2021-02-23 03:08:10

0.7895 is our pivot point.

Our preference: the upside prevails as long as 0.7895 is support.

Alternative scenario: below 0.7895, expect 0.7866 and 0.7849.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.7899 and 0.7884).

Supports and resistances:

0.8011 **

0.7993 *

0.7976 **

0.7959

0.7922 last

0.7907

0.7895 **

Disclaimer

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