AUD/USD Intraday: the downside prevails as long as 0.6583 is resistance
AUD/USD (AUD/USD)
-0.00223-0.34%
the downside prevails as long as 0.6583 is resistance.
Our pivot point stands at 0.6583.
Our preference: the downside prevails as long as 0.6583 is resistance.
Alternative scenario: above 0.6583, look for 0.6614 and 0.6632.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.6569 and 0.6571).
Supports and resistances:
0.6632 **
0.6614 *
0.6583 **
0.6571
0.6559 last
0.6521
0.6503 **
0.6484 *
0.6466 **
Our preference: the downside prevails as long as 0.6583 is resistance.
Alternative scenario: above 0.6583, look for 0.6614 and 0.6632.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.6569 and 0.6571).
Supports and resistances:
0.6632 **
0.6614 *
0.6583 **
0.6571
0.6559 last
0.6521
0.6503 **
0.6484 *
0.6466 **
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