Day by day Pivots: (S1) 0.6309; (P) 0.6343; (R1) 0.6372; Extra…
Vary buying and selling continues in AUD/USD and intraday bias stays impartial. Outlook stays bearish with 0.6398 resistance intact. On the draw back, break of 0.6269 will resume bigger fall from 0.7156 to 100% projection of 0.7156 to 0.6457 from 0.6894 at 0.6195, which is near 0.6169 medium time period help.
Within the larger image, down pattern 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 sturdy rebound.
