Every day Pivots: (S1) 0.6655; (P) 0.6702; (R1) 0.6762; Extra…
With 0.6759 minor resistance intact, additional decline is anticipated in AUD/USD. Fall from 0.6870 quick time period high would goal 55 D EMA (now at 0.6612). Some help could possibly be seen there to carry rebound on first try. On the upside, nevertheless, break of 0.6759 minor resistance will recommend that the pull again is over, and convey retest of 0.6870 as a substitute.
Within the larger image, worth actions from 0.6169 (2022 low) could possibly be only a medium time period corrective sample to the down pattern from 0.8006 (2021 excessive). Rise from 0.6269 is seen because the third leg of the sample that would goal 0.7156 on break of 0.6894 resistance. For now, vary buying and selling needs to be seen between 0.6169 and 0.7156 (2023 excessive), till additional developments.
