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AUD/USD has retracted some of the gains made in June and is approaching potential support of 0.6560/0.6510, the 76.4% retracement of that bounce. Economists at Société Générale analyze the pair’s technical outlook.
Daily MACD has been posting positive divergence denoting receding downward momentum. A bounce is expected however break above the high formed last week at 0.6720 is essential for confirming a larger up-move.
If AUD/USD fails to defend 0.6560/0.6510, there would be risk of one more down leg towards May low of 0.6450 and projections of 0.6200/0.6170.
風險提示:本文所述僅代表作者個人觀點,不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證,對於基於該內容所採取的任何行為,不承擔任何責任,除非另有書面明確說明。

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