Forex Market Daily Technical Analysis of AUD/USD

Daily Pivot Point of AUD/USD Chart in 30M Time Frame is: 0.705 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.705 with first target at 0.7 and second target at 0.6988 in extension as take profits.
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Forex Daily Pivot Points and Market Situation:

Daily Pivot Point of AUD/USD Sybmol in 30M Time Frame Chart is: 0.705 and Preferred situation is Bearish.

Forex Daily Support and Resistance Lines:

Technical analysis of AUD/USD: Resistance Lines of Day in 30M Time Frame:

  • Resistance Level 3: 0.7082
  • Resistance Level 2: 0.707
  • Resistance Level 1: 0.705

Technical analysis of AUD/USD: Support Lines of Day in 30M Time Frame:

  • Support Level 1: 0.7
  • Support Level 2: 0.6988
  • Support Level 3: —

Forex Trading Signals:

Our Preferred Senario is Short Positions (Sell) under 0.705 with first target at 0.7 and second target at 0.6988 in extension as take profits.

If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 0.705 with first target at 0.707 and second target at 0.7082 in extension as take profits

Support and Resistance Levels and Pivot Points in Chart of AUD/USD

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