AUD/USD Intraday Bearish
Aussie plummeted hard with the pair closing below second support level. If the trend keeps bearish, then the support level 0.7635 might not hold and causing the pair to fall further to 0.7568. However, if the bullish momentum counters then the first resistance level of 0.7826 may be broken and gains could possibly extend to 0.7950.
Pivot point: 0.7759
Resistance level 1: 0.7826 Resistance level 2: 0.7950 Resistance level 3: 0.8017
Support level 1: 0.7635 Support level 2: 0.7568 Support level 3: 0.7444
Comment:
Aussie plummeted hard with the pair closing below second support level. If the trend keeps bearish, then the support level 0.7635 might not hold and causing the pair to fall further to 0.7568. However, if the bullish momentum counters then the first resistance level of 0.7826 may be broken and gains could possibly extend to 0.7950.
Pivot point: 0.7759
Resistance level 1: 0.7826 Resistance level 2: 0.7950 Resistance level 3: 0.8017
Support level 1: 0.7635 Support level 2: 0.7568 Support level 3: 0.7444
Comment: