Day by day Pivots: (S1) 0.6464; (P) 0.6548; (R1) 0.6596; Extra…
Intraday bias in AUD/USD stays on the draw back for the second. Decisive break of 0.6480 assist will argue that is able to resume via 0.6442. Subsequent goal will likely be 61.8% projection of 0.6870 to 0.6442 from 0.6643 at 0.6378. For now, danger will keep mildly on the draw back so long as 0.6643 resistance holds, in case of restoration.
Within the greater image, value actions from 0.6169 (2022 low) are seen as a medium time period corrective sample to the down pattern from 0.8006 (2021 excessive). Fall from 0.7156 (2023 excessive) is seen because the second leg, which could nonetheless be in progress. Total, sideway buying and selling might proceed in vary of 0.6169/7156 for some extra time. However so long as 0.7156 holds, an eventual draw back breakout could be mildly in favor.
