Technical Analysis : AUD/USD 28 January 2022

Forex Technical Analysis : AUDUSD

Date : 28 January 2022

Pivot point : 0.7060

Our preference : short positions below 0.7060 with targets at 0.7020 & 0.7000 in extension.

Alternative scenario : above 0.7060 look for further upside with 0.7080 & 0.7100 as targets.

Comment : as long as the resistance at 0.7060 is not surpassed, the risk of the break below 0.7020 remains high.

Supports and resistances :

0.7100 **
0.7080 *
0.7060
0.7039 – Last price
0.7020
0.7000 *
0.6975 **

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

Source : Trading Central

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