Technical Analysis : AUD/USD 29 October 2021

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

Forex Technical Analysis : AUDUSD 29 October 2021

Forex Technical Analysis : AUDUSD

Date : 29 October 2021

Pivot point : 0.7520

Our preference : long positions above 0.7520 with targets at 0.7555 & 0.7570 in extension.

Alternative scenario : below 0.7520 look for further downside with 0.7500 & 0.7480 as targets.

Comment : a support base at 0.7520 has formed and has allowed for a temporary stabilisation.

Supports and resistances :

0.7585 **
0.7570 *
0.7555
0.7540 – Last price
0.7520
0.7500 *
0.7480 **

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

Source : Trading Central

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