Austinet24

AUDUSD ON SELL PRESURE.

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
The bear still rallies for Aussie after this pair was sailing in a roaring sea. It plummeted and nearly broke below the second support level during US Session. The daily range is over 180 pips. If the bears continue, first support level of 0.5922 might not hold and fell further to 0.5846. Conversely, by the bulls may take over and break the resistance level of 0.6112 and head further to 0.6225.

Pivot point: 0.6035

Resistance level 1: 0.6112 Resistance level 2: 0.6225 Resistance level 3: 0.6301

Support level 1: 0.5922 Support level 2: 0.5846 Support level 3: 0.5732

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