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AUD/USD Day by day Report

aud/usd-day-by-day-report

Day by day Pivots: (S1) 0.6294; (P) 0.6318; (R1) 0.6350; Extra…

Intraday bias in AUD/USD is turned impartial with present restoration. Some consolidations could possibly be seen first. However outlook will keep bearish so long as 0.6500 resistance holds. Under 0.6284 will resume the autumn from 0.7156. Subsequent goal is 100% projection of 0.7156 to 0.6457 from 0.6894 at 0.6195.

Within the larger image, down development from 0.8006 (2021 excessive) is probably 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 robust rebound.

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