Each day Pivots: (S1) 0.6375; (P) 0.6409; (R1) 0.6436; Extra…
Intraday bias in AUD/USD stays impartial as consolidation from 0.6363 is extending. Whereas stronger restoration can’t be dominated out, upside ought to be restricted by 0.6615 resistance. Break of 0.6363 will resume bigger fall from 0.7156 to 100% projection of 0.7156 to 0.6457 from 0.6894 at 0.6195.
Within the greater image, present growth argues that the down development from 0.8006 (2021 excessive) continues to be 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 may now stay the favored case so long as 0.6894, in case of robust rebound.
