Technical Analysis : AUD/USD 4 June 2021

4 June 2021 Analysis (Forex, CFDs, Cryptocurrency)AUD/USDCurrency Pairs

Forex Technical Analysis : AUDUSD 4 June 2021

Forex Technical Analysis : AUDUSD

Date : 4 June 2021

Pivot point : 0.7675

Our preference : short positions below 0.7675 with targets at 0.7640 & 0.7620 in extension.

Alternative scenario : above 0.7675 look for further upside with 0.7690 & 0.7710 as targets.

Comment : as long as the resistance at 0.7675 is not surpassed, the risk of the break below 0.7640 remains high.

Supports and resistances :

0.7710 **
0.7690 *
0.7675
0.7660 – Last price
0.7640
0.7620 *
0.7600 **

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

Source : Trading Central

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