Every day Pivots: (S1) 0.6443; (P) 0.6482; (R1) 0.6515; Extra…
AUD/USD is extending the consolidation from 0.6363 and intraday bias stays impartial. Stronger restoration can’t be dominated out, however upside ought to be restricted by 0.6615 resistance. Break of 0.6363 will resume bigger fall from 0.7156 to 100% projection of 0.7156 to 0.6457 from 0.6894 at 0.6195.
Within the greater image, present growth argues that the down development from 0.8006 (2021 excessive) remains to be 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 robust rebound.
