AUDUSD 7.8.2024

Technical Analysis
Wednesday, August 07, 2024 - 12:06
Point Trader Group

General trend: up.
Expected scenario:
The pair is trading above the support area 0.6450 – 0.6360, which enhances the chances of rising to 0.6600 – 0.6750.
Alternative scenario:
The scenario turns bearish with a break of 0.6360, targeting 0.6300 – 0.6250.
The most important levels
resistance:
0.6600 – 0.6750
support:
0.6360 – 0.6300

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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