Every day Pivots: (S1) 0.6376; (P) 0.6404; (R1) 0.6447; Extra…
Intraday bias in AUD/USD stays impartial as consolidation from 0.6361 is extending. Upside of restoration must be restricted by 0.6480 assist turned resistance to carry one other decline. On the draw back, break of 0.6361 will resume the autumn from 0.6870 to 100% projection of 0.6870 to 0.6442 from 0.6643 at 0.6215.
Within the greater image, worth actions from 0.6169 (2022 low) are seen as a medium time period corrective sample to the down development from 0.8006 (2021 excessive). Fall from 0.7156 (2023 excessive) is seen because the second leg, which remains to be in progress. General, sideway buying and selling might proceed in vary of 0.6169/7156 for some extra time. However so long as 0.7156 holds, an eventual draw back breakout can be mildly in favor.
