Technical Analysis : AUD/USD 23 August 2021

Forex Technical Analysis : AUDUSD

Date : 23 August 2021

Pivot point : 0.7130

Our preference : long positions above 0.7130 with targets at 0.7180 & 0.7200 in extension.

Alternative scenario : below 0.7130 look for further downside with 0.7105 & 0.7085 as targets.

Comment : the RSI advocates for further upside.

Supports and resistances :

0.7225 **
0.7200 *
0.7180
0.7162 – Last price
0.7130
0.7105 *
0.7085 **

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

Source : Trading Central

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