AUD/USD’s fall from 0.6929 resumed last week and hit as low as 0.6754. Initial bias stays on the downside this week for retesting 0.6670 low. On the upside, above 0.6795 minor resistance will turn intraday bias neutral and bring consolidations, before staging another decline. In the bigger picture, with 0.7082 resistance intact, there is no…
Daily Pivots: (S1) 0.6759; (P) 0.6769; (R1) 0.6778; More… Intraday bias in AUD/USD remains mildly on the downside as fall from 0.6929 is in progress. Deeper decline should be seen to retest 0.6670 low. On the upside, above 0.6803 minor resistance will turn intraday bias neutral and bring recovery. But recovery should be limited well…
Daily Pivots: (S1) 0.6767; (P) 0.6779; (R1) 0.6786; More… AUD/USD’s fall from 0.6929 is still in progress. Intraday bias stays on the downside for retesting 0.6670 low first. ON the upside, above 0.6803 minor resistance will turn intraday bias neutral and bring recovery. But upside should be limited well below 0.6929 resistance. In the bigger…
Daily Pivots: (S1) 0.6772; (P) 0.6783; (R1) 0.6799; More… With 0.6803 minor resistance intact, intraday bias in AUD/USD stays mildly on the downside. As noted before, corrective rebound from 0.6670 should have completed at 0.6929. Fall from there is now in progress for retesting 0.6670 low first. On the upside, above will turn intraday bias…
Daily Pivots: (S1) 0.6764; (P) 0.6781; (R1) 0.6795; More… AUD/USD’s breach of 0.6769 temporary low suggests resumption of fall from 0.6929. Intraday bias is now turned back to the downside for retesting 0.6670 low. On the upside, above 0.6803 minor resistance will turn intraday bias neutral first. But as we see that corrective rise from…
Daily Pivots: (S1) 0.6797; (P) 0.6810; (R1) 0.6820; More… Intraday bias in AUD/USD stays neutral for consolidation above 0.6769. Outlook is unchanged for the moment. Recent development suggests that rebound from 0.6670 has completed at 0.6929. Upside of recovery should be limited by 0.6841 minor resistance to bring another decline. On the downside, break of…
Daily Pivots: (S1) 0.6794; (P) 0.6808; (R1) 0.6835; More… Intraday bias in AUD/USD remains neutral for the moment. Recent development suggests that rebound from 0.6670 has completed at 0.6929. Upside of recovery should be limited by 0.6841 minor resistance to bring another decline. On the downside, break of 0.6769 will resume the fall to retest…
Daily Pivots: (S1) 0.6777; (P) 0.6790; (R1) 0.6799; More… Intraday bias in AUD/USD remains neutral as consolidation from 0.6769 temporary low is extending. Upside should be limited by 0.6841 resistance to bring fall resumption. As noted before, corrective rise from 0.6670 should have completed at 0.6929. Break of 0.6769 will extend the fall from 0.6929…
AUD/USD stayed in consolidation above 0.6769 temporary low last week and outlook is unchanged. Initial bias remains neutral this week first. Upside of the consolidation should be limited by 0.6841 resistance to bring fall resumption. As noted before, corrective rise from 0.6670 should have completed at 0.6929. Break of 0.6769 will extend the fall from…
Daily Pivots: (S1) 0.6775; (P) 0.6795; (R1) 0.6806; More… Intraday bias in AUD/USD remains neutral at this point. Consolidation form 0.6769 could extend further. But upside should be limited by 0.6841 minor resistance to bring another decline. On the downside, break of 0.6769 will resume the fall to retest 0.6670 low. However, break of 0.6841…
