Ab jetzt sind wir Elev8
Wir sind mehr als nur ein Broker. Wir sind ein All-in-One-Trading-Ökosystem – alles, was Sie zum analisieren, traden und wachsen brauchen, ist an einem Ort. Sind sie bereit, Ihr Trading zu verbessern?
Handelsnachrichten
7 Aug 2023
AUD/USD: Decline could extend on a break below 0.6460/0.6410 – SocGen
Economists at Société Générale analyze AUD/USD technical outlook.
Break above recent peak of 0.6900 essential to affirm a meaningful uptrend
AUD/USD failed to overcome the confluence of resistances near 0.6900 representing the peak of June and a multi-month descending trend line resulting in a swift decline. It is gradually drifting towards potential support from low of May near 0.6460/0.6410.
The 200-DMA has turned flat denoting lack of clear direction. A bounce is expected however a break above recent peak of 0.6900 would be essential to affirm a meaningful uptrend.
In case the pair establishes below 0.6460/0.6410, the decline could extend. Next objectives would be at 0.6350 and projections of 0.6200.