AUDUSD - Rallies to find sellers
AUDUSD - Intraday - We look to Sell at 0.7040 (stop at 0.7070)
Majority of the initial daily gains being overturned. Selling posted in Asia. Bespoke support is located at 0.6832. The previous swing low is located at 0.6898. Preferred trade is to sell into rallies. Expect trading to remain mixed and volatile.
Our profit targets will be 0.6835 and 0.6800
Resistance: 0.7040 / 0.7062 / 0.7100
Support: 0.6898 / 0.6835 / 0.6800
Majority of the initial daily gains being overturned. Selling posted in Asia. Bespoke support is located at 0.6832. The previous swing low is located at 0.6898. Preferred trade is to sell into rallies. Expect trading to remain mixed and volatile.
Our profit targets will be 0.6835 and 0.6800
Resistance: 0.7040 / 0.7062 / 0.7100
Support: 0.6898 / 0.6835 / 0.6800
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