Day by day Pivots: (S1) 0.6408; (P) 0.6437; (R1) 0.6469; Extra…
AUD/USD is staying in consolidation from 0.6356 and outlook is unchanged. Intraday bias stays impartial at this level. Additional decline is predicted so long as 0.6520 resistance holds. Break of 0.6356 will resume bigger down pattern to 100% projection of 0.7156 to 0.6457 from 0.6894 at 0.6195.
Within the larger image, down pattern from 0.8006 (2021 excessive) is presumably nonetheless in progress. Decisive 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 sturdy rebound.
