Every day Pivots: (S1) 0.6380; (P) 0.6404; (R1) 0.6430; Extra…
Intraday bias in AUD/USD stays on the draw back regardless of lack of draw back momentum. Present fall ought to goal 100% projection of 0.7156 to 0.6457 from 0.6894 at 0.6195. On the upside, above 0.6479 minor resistance will flip intraday bias impartial and produce consolidations first, earlier than staging one other fall.
Within the larger image, present improvement argues that the down development from 0.8006 (2021 excessive) continues to be 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 can now stay the favored case so long as 0.6894, in case of robust rebound.
