AUD/USD ST: expect 0.6540.

High Volatility
1640951081284
AUDUSD+0%
2025-05-05 02:33Source:TC

Pivot: 0.5900

Our preference: long positions above 0.5900 with targets at 0.6540 & 0.6680 in extension.

Alternative scenario: below 0.5900 look for further downside with 0.5800 & 0.5710 as targets.

Comment: the RSI is above its neutrality area at 50%.

Supports and resistances:

0.6930

0.6680

0.6540

0.6433 Last

0.5900

0.5800

0.5710

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-05-2025 at 02:33 UTC+1

Price reference: 0.6433 last known on 05-05-2025 at 02:33 UTC+1

Investment horizon: ST

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