Day by day Pivots: (S1) 0.6400; (P) 0.6440; (R1) 0.6464; Extra…
Intraday bias in AUD/USD stays on the draw back at this level, as decline from 0.7156 extends. Subsequent goal is 100% projection of 0.7156 to 0.6457 from 0.6894 at 0.6195. On the upside, above 0.6479 minor resistance will flip intraday bias impartial and convey consolidations first, earlier than staging one other fall.
Within the larger image, the down development from 0.8006 (2021 excessive) might nonetheless be in progress. Break of 0.6457 help affirms this bearish case. Additional break of 0.6169 will goal 61.8% projection of 0.8006 to 0.6169 to 0.7156 at 0.6021. This can now stay the favored case so long as 0.6894, in case of robust rebound.
