AUD/USD: SUPPORT AT 0.6707/0.6694 TO HOLD FOR AN EVENTUAL RETEST OF RESISTANCE AT 0.6891/0.6901– CREDIT SUISSE

avatar
· 阅读量 95



AUD/USD remains in a broad sideways range. Economists at Credit Suisse analyze the pair’s technical outlook.

A close below 0.6694 can see the immediate risk stay lower

We look for an attempt to find a floor at 0.6714/0.6694 and for the risk to turn higher in the range with resistance seen at 0.6750 initially ahead of .6848 and then more importantly, key resistance at 0.6891/0.6901 – the June high, 61.8% retracement of the February/May fall and downtrend from April 2022. Only above this latter area though would suggest we are seeing a more meaningful move higher emerge, with resistance then seen at 0.6922 initially ahead of the 78.6% retracement at 0.7009.

A close below 0.6694 can see the immediate risk stay lower for support next at the potential uptrend from late May, today seen at 0.6636.

 


风险提示:本文所述仅代表作者个人观点,不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证,对于基于该内容所采取的任何行为,不承担任何责任,除非另有书面明确说明。

喜欢的话,赞赏支持一下
回复 0
暂无评论。 来发表第一条观点吧。

  • tradingContest