Technical Analysis : AUD/USD 14 May 2021

14 May 2021 Analysis (Forex, CFDs, Cryptocurrency)AUD/USDCurrency Pairs

Forex Technical Analysis : AUDUSD 14 May 2021

Forex Technical Analysis : AUDUSD

Date : 14 May 2021

Pivot point : 0.7745

Our preference : short positions below 0.7745 with targets at 0.7705 & 0.7685 in extension.

Alternative scenario : above 0.7745 look for further upside with 0.7770 & 0.7800 as targets.

Comment : as long as 0.7745 is resistance, look for choppy price action with a bearish bias.

Supports and resistances :

0.7800 **
0.7770 *
0.7745
0.7738 – Last price
0.7705
0.7685 *
0.7670 **

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

Source : Trading Central

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