Each day Pivots: (S1) 0.6687; (P) 0.6711; (R1) 0.6731; Extra…
Intraday bias in AUD/USD is turned impartial with present retreat and a few consolidations may very well be seen first. However additional rally is predicted so long as 0.6539 assist holds. As famous earlier than, fall from 0.7156 may have accomplished with three waves all the way down to 0.6269. Above 0.6734 will goal 0.6894 resistance subsequent.
Within the greater image, there isn’t any affirmation that down development 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 ought to be seen between 0.6169 and 0.7156 (2023 excessive), till additional developments.
