Technical Analysis : AUD/USD 7 February 2022

7 February 2022 Analysis (Forex, CFDs, Cryptocurrency)AUD/USDCurrency Pairs

Forex Technical Analysis : AUDUSD 7 February 2022

Forex Technical Analysis : AUDUSD

Date : 7 February 2022

Pivot point : 0.7095

Our preference : short positions below 0.7095 with targets at 0.7060 & 0.7045 in extension.

Alternative scenario : above 0.7095 look for further upside with 0.7115 & 0.7130 as targets.

Comment : as long as the resistance at 0.7095 is not surpassed, the risk of the break below 0.7060 remains high.

Supports and resistances :

0.7130 **
0.7115 *
0.7095
0.7079 – Last price
0.7060
0.7045 *
0.7030 **

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

Source : Trading Central

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