Each day Pivots: (S1) 0.6284; (P) 0.6308; (R1) 0.6345; Extra…
AUD/USD recovered shortly after dipping to 0.6269 and intraday bias is turned impartial first. Outlook stays bearish with 0.6398 resistance intact. under 0.6269 will resume bigger fall 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.
Within the greater image, down pattern from 0.8006 (2021 excessive) is probably 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. This can now stay the favored case so long as 0.6894, in case of sturdy rebound.
