Every day Pivots: (S1) 0.6500; (P) 0.6565; (R1) 0.6603; Extra…
Intraday bias in AUD/USD stays on the draw back for the second. Rebound from 0.6457 may have accomplished at 0.6894 already. Deeper fall can be seen to retest 0.6457 first. Break there’ll resume the autumn from 0.7156 to 100% projection of 0.7156 to 0.6457 from 0.6894 at 0.6195. On the upside, above 0.6628 minor resistance will flip intraday bias impartial first.
Within the larger image, outlook is combined for now as AUD/USD didn’t maintain above each 55 D EMA (now at 0.6701) and 55 W EMA (now at 0.6784). On the upside, break of 0.65898 resistance will solidify the case that down pattern from 0.8006 (2021 excessive) has already accomplished, and goal 0.7156 resistance for affirmation. Nonetheless, break of 0.6457 will doubtless resume the down pattern by means of 0.6169 (2022 low).
