Day by day Pivots: (S1) 0.6710; (P) 0.6744; (R1) 0.6765; Extra…
Additional rally is in favor in AUD/USD so long as 0.6689 help holds. Rise from 0.6269 would goal 0.6894 resistance first. Sustained break there’ll goal 0.7156 subsequent. Nonetheless, break of 0.6689 will point out quick time period topping, and switch bias again to the draw back for deeper pull again
Within the larger image, there is no such thing as a affirmation that down development from 0.8006 (2021 excessive) has accomplished. Value actions from 0.6169 (2022 low) may very well be only a medium time period corrective sample. Rise from 0.6269 is seen because the third leg of the sample. For now, vary buying and selling needs to be seen between 0.6169 and 0.7156 (2023 excessive), till additional developments.
