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Austinet24
Mar 1, 2021 10:21 AM

AUDUSD at Support 

AUD/USDOANDA

Description

AUD/USD Intraday Bearish

Aussie plummeted hard with the pair closing below second support level. If the trend keeps bearish, then the support level 0.7635 might not hold and causing the pair to fall further to 0.7568. However, if the bullish momentum counters then the first resistance level of 0.7826 may be broken and gains could possibly extend to 0.7950.

Pivot point: 0.7759

Resistance level 1: 0.7826 Resistance level 2: 0.7950 Resistance level 3: 0.8017

Support level 1: 0.7635 Support level 2: 0.7568 Support level 3: 0.7444

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