Every day Pivots: (S1) 0.6270; (P) 0.6351; (R1) 0.6394; Extra…
AUD/USD remains to be bounded in vary above 0.6824 regardless of present decline. Intraday bias stays impartial first. Close to time period outlook stays bearish with 0.6500 resistance intact. Break of 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 development from 0.8006 (2021 excessive) is probably 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 may now stay the favored case so long as 0.6894, in case of robust rebound.
