AUD/USD intraday: uptrend. (Source: Third-party strategy, for reference only)
AvaTrade
03-07
AUD/USD intraday: Upward trend. Pivot point: 0.6550 (Information from third-party strategy, for reference only)
AUD/USD Intraday: Uptrend.
Pivot Point: 0.6550
Trading Strategy: Above 0.6550, aim for a bullish target at 0.6580 followed by 0.6600.
Alternative Strategy: Below 0.6550, aim for a bearish target at 0.6530, then 0.6510.
Technical Comment: The RSI lacks downward momentum.
(For reference purposes, provided by a third-party strategy)
Risk Warning and Disclaimer
The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.
Contract for Difference (CFD) refers to a financial derivative in which investors and counterparties engage in speculative or hedging transactions by exchanging the price difference of a commodity. Importantly, this occurs without the need to physically own or trade the underlying asset.
TraderKnows is a financial media platform, with information displayed coming from public networks or uploaded by users. TraderKnows does not endorse any trading platform or variety. We bear no responsibility for any trading disputes or losses arising from the use of this information. Please be aware that displayed information may be delayed, and users should independently verify it to ensure its accuracy.