AUD/USD Intraday: intraday support around 0.6475.

Limited Increase
u
1640951081284
AUDUSD+0%
2025-05-07 07:00Source:TC

Pivot: 0.6475

Our preference: long positions above 0.6475 with targets at 0.6515 & 0.6530 in extension.

Alternative scenario: below 0.6475 look for further downside with 0.6455 & 0.6435 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

0.6550

0.6530

0.6515

0.6485 Last

0.6475

0.6455

0.6435

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-07-2025 at 07:00 UTC+1

Price reference: 0.6485 last known on 05-07-2025 at 07:00 UTC+1

Investment horizon: INTRADAY

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