AUD/USD Intraday: the downside prevails as long as 0.6258 is resistance
AUD/USD (AUD/USD)
+0.00054+0.09%
the downside prevails as long as 0.6258 is resistance.
0.6258 is our pivot point.
Our preference: the downside prevails as long as 0.6258 is resistance.
Alternative scenario: above 0.6258, look for 0.6289 and 0.6308.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.6233 and 0.6238).
Supports and resistances:
0.6308 **
0.6289 *
0.6258 **
0.6246
0.6232 last
0.6193
0.6174 **
0.6155 *
0.6136 **
Our preference: the downside prevails as long as 0.6258 is resistance.
Alternative scenario: above 0.6258, look for 0.6289 and 0.6308.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.6233 and 0.6238).
Supports and resistances:
0.6308 **
0.6289 *
0.6258 **
0.6246
0.6232 last
0.6193
0.6174 **
0.6155 *
0.6136 **
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