Technical Analysis : AUD/USD 16 November 2021

Forex Technical Analysis : AUDUSD

Date : 16 November 2021

Pivot point : 0.7370

Our preference : short positions below 0.7370 with targets at 0.7320 & 0.7300 in extension.

Alternative scenario : above 0.7370 look for further upside with 0.7390 & 0.7410 as targets.

Comment : the RSI shows downside momentum.

Supports and resistances :

0.7410 **
0.7390 *
0.7370
0.7343 – Last price
0.7320
0.7300 *
0.7275 **

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

Source : Trading Central

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