AUDUSD Forex Analysis - Targeting A Move Below 0.6363-47 Daily Support Area

Duncan Cooper - Senior Market Strategist & Trading Mentor

2022-11-02 11:09:51

 

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the AUDUSD daily and 15-minute charts.

Price closed below the 0.6400 level yesterday.

0.6400-12 the Figure and Central Pivot Point.

Watching for price to rally and fail at this intraday resistance area for a further decline targeting a move below the 0.6363-47 daily support area.

AUDUSD daily chart on ACY MT4
AUDUSD 15-minute chart on ACY MT4

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Author

Duncan Cooper is a full-time trader and mentor and the Senior Market Strategist at ACY Securities. Trading full-time since 2009, Duncan's insights are from the battleground of real-time markets, not theory, and he thrives on educating traders to reach their financial goals.

Prices are indicative only

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