Every day Pivots: (S1) 0.6532; (P) 0.6559; (R1) 0.6594; Extra…
Intraday bias in AUD/USD is turned impartial first with present retreat. One other rise is mildly in favor so long as 0.6482 help holds. Fall from 0.6870 may need accomplished at 0.6361 already Above 0.6585 will goal 0.6643 resistance subsequent. Nonetheless, agency break of 0.6482 will dampen this view and produce retest of 0.6361 low as a substitute.
Within the greater image, worth actions from 0.6169 (2022 low) are seen as a medium time period corrective sample to the down pattern 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 could be mildly in favor.
