Technical Analysis : AUD/USD 21 January 2022

Forex Technical Analysis : AUDUSD

Date : 21 January 2022

Pivot point : 0.7220

Our preference : short positions below 0.7220 with targets at 0.7165 & 0.7150 in extension.

Alternative scenario : above 0.7220 look for further upside with 0.7240 & 0.7260 as targets.

Comment : the break below 0.7220 is a negative signal that has opened a path to 0.7165.

Supports and resistances :

0.7260 **
0.7240 *
0.7220
0.7190 – Last price
0.7165
0.7150 *
0.7130 **

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

Source : Trading Central

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