Audusd
We now see the price coming up to touch a small zone of likely resistance between $0.6530 and $0.6518. This looks very likely to be today’s pivotal point, so if the price can get established above this zone later today, it should have room to rise further. However, I see the better and more likely opportunity as being a short trade from a bearish reversal from this zone, so that is the trade I would really be looking for today.
There is nothing of high importance due today regarding either the AUD or the USD.
We now see the price coming up to touch a small zone of likely resistance between $0.6530 and $0.6518. This looks very likely to be today’s pivotal point, so if the price can get established above this zone later today, it should have room to rise further. However, I see the better and more likely opportunity as being a short trade from a bearish reversal from this zone, so that is the trade I would really be looking for today.
There is nothing of high importance due today regarding either the AUD or the USD.