Technical Analysis : AUD/USD 2 July 2021

2 July 2021 Analysis (Forex, CFDs, Cryptocurrency)AUD/USDCurrency Pairs

Forex Technical Analysis : AUDUSD 2 July 2021

Forex Technical Analysis : AUDUSD

Date : 2 July 2021

Pivot point : 0.7480

Our preference : short positions below 0.7480 with targets at 0.7455 & 0.7440 in extension.

Alternative scenario : above 0.7480 look for further upside with 0.7505 & 0.7525 as targets.

Comment : the break below 0.7480 is a negative signal that has opened a path to 0.7455.

Supports and resistances :

0.7525 **
0.7505 *
0.7480
0.7469 – Last price
0.7455
0.7440 *
0.7425 **

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

Source : Trading Central

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