AUD/USD formed a Head and Shoulders and has embarked on a phase of pullback. Failure to recapture 0.6850 could trigger fresh selling, analysts at Société Générale report.
Below 0.6550, next potential support aligns at 0.6400
“AUD/USD confirmed a Head and Shoulders and almost achieved the target at 0.6550 last month. It has staged a bounce and is attempting a break above the 200-DMA. Neckline of the pattern at 0.6850 is short-term resistance. If the pair fails to overcome this, the decline could extend.”
“First support is at 0.6680/0.6650, the 50% retracement of the rebound. Break below could mean extension in downtrend towards 0.6550 and 0.6400, the 76.4% retracement from last October.”
إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.
اترك رسالتك الآن