Every day Pivots: (S1) 0.6294; (P) 0.6318; (R1) 0.6350; Extra…
Intraday bias in AUD/USD stays impartial at this level, and consolidation from 0.6284 might prolong additional. Outlook will keep bearish so long as 0.6500 resistance holds. Under 0.6284 will resume the autumn from 0.7156. Subsequent goal is 100% projection of 0.7156 to 0.6457 from 0.6894 at 0.6195.
Within the larger image, down pattern from 0.8006 (2021 excessive) is presumably 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.
