Day by day Pivots: (S1) 0.6515; (P) 0.6535; (R1) 0.6554; Extra…
Intraday bias in AUD/USD stays on the upside as rise from 0.6361 brief time period backside is in progress. Fall from 0.6870 might need accomplished at 0.6361 already. Additional rally can be seen to 0.6643 resistance subsequent. On the draw back, beneath 0.6516 minor assist will flip intraday bias impartial first.
Within the larger 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 continues to 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 can be mildly in favor.
