- AUD/USD: Break of 0.6560 can extend the down move – SocGen
Notícias do Mercado
19 maio 2023
AUD/USD: Break of 0.6560 can extend the down move – SocGen
Economists at Société Générale analyze AUD/USD’s technical outlook. They expect the pair to suffer further losses on a break below the 0.6560 mark.
The 0.6780/0.6850 area is a crucial resistance zone
“The AUD/USD pair has evolved within a Head and Shoulders formation denoting potential downside.”
“A break below the neckline at 0.6560 can result in extended down move.”
“Right shoulder at 0.6780/0.6850 is crucial resistance zone.”
“Supports: 0.6560, 0.6525, 0.6450 Resistances: 0.6690, 0.6780, 0.6850.”
See: AUD/USD set to hit the 0.73 mark in Q4 – ING
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