Each day Pivots: (S1) 0.6640; (P) 0.6671; (R1) 0.6723; Extra…
AUD/USD dips mildly in the present day however stays inside established vary above 0.6594. Intraday bias stays impartial for the second. With 0.6710 resistance intact, additional decline is in favor. On the draw back, break of 0.6594 will resume the decline from 0.6898 to 0.6457 assist subsequent. Nonetheless, agency break of 0.6719 will flip bias again to the upside for stronger rebound.
Within the greater image, worth actions from 0.7156 are seen as a correction to the rebound from 0.6169 solely, reasonably than a part of bigger down pattern from 0.8006 (2021 excessive). Break of 0.6457 might can’t be dominated out however draw back must be contained above 0.6169. In the meantime, nonetheless, break of 0.6898 resistance will argue that rise from 0.6169 is able to resume by way of 0.7156.
