Each day Pivots: (S1) 0.6667; (P) 0.6697; (R1) 0.6732; Extra…
Intraday bias in AUD/USD stays on the upside first, regardless of some lack of momentum as seen in 4H MACD. Fall from 0.7156 might have accomplished with three waves right down to 0.6269. Additional rally must be seen to 0.6894 resistance subsequent. In the meantime, close to time period outlook will keep cautiously bullish so long as 0.6524 help holds, in case of retreat.
Within the larger image, there isn’t a affirmation that down pattern from 0.8006 (2021 excessive) has accomplished. Value actions from 0.6169 (2022 low) may very well be only a medium time period corrective sample. Rise from 0.6269 is seen because the third leg of the sample. For now, vary buying and selling must be seen between 0.6169 and 0.7156 (2023 excessive), till additional developments.
