Technical Analysis : AUD/USD 5 July 2021

5 July 2021 Analysis (Forex, CFDs, Cryptocurrency)AUD/USDCurrency Pairs

Forex Technical Analysis : AUDUSD 5 July 2021

Forex Technical Analysis : AUDUSD

Date : 5 July 2021

Pivot point : 0.7500

Our preference : long positions above 0.7500 with targets at 0.7530 & 0.7545 in extension.

Alternative scenario : below 0.7500 look for further downside with 0.7480 & 0.7460 as targets.

Comment : the RSI lacks downward momentum.

Supports and resistances :

0.7560 **
0.7545 *
0.7530
0.7518 – Last price
0.7500
0.7480 *
0.7460 **

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

Source : Trading Central

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