Each day Pivots: (S1) 0.6277; (P) 0.6306; (R1) 0.6325; Extra…
Intraday bias in AUD/USD stays impartial with concentrate on 0.6284 help. Decisive break there’ll verify resumption of entire decline from 0.7156. Subsequent goal is 100% projection of 0.7156 to 0.6457 from 0.6894 at 0.6195, which is near 0.6169 medium time period help. For now, outlook will keep bearish so long as 0.6444 resistance holds, in case of restoration.
Within the greater image, down development from 0.8006 (2021 excessive) is presumably nonetheless in progress. Decisive break of 0.6169 will goal 61.8% projection of 0.8006 to 0.6169 to 0.7156 at 0.6021. It will now stay the favored case so long as 0.6894, in case of robust rebound.
