Technical Analysis : AUD/USD 22 October 2021

22 October 2021 Analysis (Forex, CFDs, Cryptocurrency)AUD/USDCurrency Pairs

Forex Technical Analysis : AUDUSD 22 October 2021

Forex Technical Analysis : AUDUSD

Date : 22 October 2021

Pivot point : 0.7490

Our preference : short positions below 0.7490 with targets at 0.7450 & 0.7435 in extension.

Alternative scenario : above 0.7490 look for further upside with 0.7505 & 0.7520 as targets.

Comment : as long as the resistance at 0.7490 is not surpassed, the risk of the break below 0.7450 remains high.

Supports and resistances :

0.7520 **
0.7505 *
0.7490
0.7506 – Last price
0.7450
0.7435 *
0.7420 **

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

Source : Trading Central

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