Technical Analysis : AUD/USD 1 November 2021

1 November 2021 Analysis (Forex, CFDs, Cryptocurrency)AUD/USDCurrency Pairs

Forex Technical Analysis : AUDUSD 1 November 2021

Forex Technical Analysis : AUDUSD

Date : 1 November 2021

Pivot point : 0.7525

Our preference : short positions below 0.7525 with targets at 0.7490 & 0.7475 in extension.

Alternative scenario : above 0.7525 look for further upside with 0.7540 & 0.7555 as targets.

Comment : the upward potential is likely to be limited by the resistance at 0.7525.

Supports and resistances :

0.7555 **
0.7540 *
0.7525
0.7506 – Last price
0.7490
0.7475 *
0.7460 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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