MAYZUS Daily Technical Levels
AUD/USD – growth is possible
Our turning point is the level of 0.90200
Our preference: Buy the pair above the level of 0.90200, with the nearest targets being 0.90450, 0.90700 and 0.90950.
Alternative scenario: If the support level of 0.90200 is breached down, then the pair could drop to the following levels: 0.89950 and 0.89600.
Analysis: The technical indicators are in the oversold area and will give a signal to buy soon.
This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.