AUD/USD Intraday: key resistance at 0.6610.

Pivot: 0.6610

Our preference: short positions below 0.6610 with targets at 0.6550 & 0.6530 in extension.

Alternative scenario: above 0.6610 look for further upside with 0.6635 & 0.6660 as targets.

Comment: as long as the resistance at 0.6610 is not surpassed, the risk of the break below 0.6550 remains high.

Supports and resistances:

0.6660

0.6635

0.6610

0.6573 Last

0.6550

0.6530

0.6510

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 03-08-2023 at 05:17 UTC+1

Price reference: 0.6573 last known on 03-08-2023 at 05:17 UTC+1

Investment horizon: INTRADAY