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AUD/USD Day by day Report

aud/usd-day-by-day-report

Day by day Pivots: (S1) 0.7338; (P) 0.7398; (R1) 0.7431; Extra…

AUD/USD’s fall from 0.7660 resumed by breaking 0.7342 short-term low. Intraday bias is again on the draw back for 0.7164 help subsequent. On the upside, above 0.7457 minor resistance will flip bias again to the upside for retesting 0.7660 resistance as an alternative.

Within the greater image, correction from 0.8006 may have accomplished at 0.6966, after drawing help from 0.6991. That’s, up development from 0.5506 (2020 low) is perhaps able to resume. Agency break of 0.8006 will goal 61.8% projection of 0.5506 to 0.8006 from 0.6966 at 0.8511 subsequent. This may stay the favored case so long as 0.7164 help holds.

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