AUD/USD Intraday: the upside prevails.

AUDUSD

Trading Central 2021-02-23 09:25:06

Pivot: 0.7890

Our preference: long positions above 0.7890 with targets at 0.7940 & 0.7960 in extension.

Alternative scenario: below 0.7890 look for further downside with 0.7870 & 0.7850 as targets.

Comment: the break above 0.7890 is a positive signal that has opened a path to 0.7940.

Supports and resistances:

0.7980

0.7960

0.7940

0.7914 Last

0.7890

0.7870

0.7850

Disclaimer

The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.