Daily Pivots: (S1) 0.6648; (P) 0.6687; (R1) 0.6727; More… AUD/USD is staying in range above 0.6639 and intraday bias remains neutral. On the downside, break of 0.6639 will resume the fall from 0.6870 short term top to 0.6541 support next. On the upside, though, break of 0.6759 minor resistance will suggest that the pull back
AUDUSD Outlook
Daily Pivots: (S1) 0.6682; (P) 0.6698; (R1) 0.6715; More… Intraday bias in AUD/USD remains neutral and outlook is unchanged. On the downside, break of 0.6639 will resume the fall from 0.6870 short term top to 0.6541 support next. On the upside, though, break of 0.6759 minor resistance will suggest that the pull back has completed
Daily Pivots: (S1) 0.6664; (P) 0.6700; (R1) 0.6722; More… Intraday bias in AUD/USD is neutral as sideway trading continues. On the downside, break of 0.6639 will resume the fall from 0.6870 short term top to 0.6541 support next. On the downside, though, break of 0.6759 minor resistance will suggest that the pull back has completed
Daily Pivots: (S1) 0.6687; (P) 0.6711; (R1) 0.6744; More… No change in AUD/USD’s outlook as further decline is in favor with 0.6759 minor resistance intact. Fall from 0.6870 short term top would target 55 D EMA (now at 0.6619). Some support could be seen there to bring rebound on first attempt. On the upside, however
Daily Pivots: (S1) 0.6655; (P) 0.6702; (R1) 0.6762; More… With 0.6759 minor resistance intact, further decline is expected in AUD/USD. Fall from 0.6870 short term top would target 55 D EMA (now at 0.6612). Some support could be seen there to bring rebound on first attempt. On the upside, however, break of 0.6759 minor resistance
AUD/USD’s decline last week indicates short term topping at 0.6870, on bearish divergence condition in 4H MACD. Further decline will remain mildly in favor as long as 0.6759 minor resistance holds, to 55 D EMA (now at 0.6612). Nevertheless, break of 0.6759 will turn bias back to the upside for retesting 0.6870 instead. In the
Daily Pivots: (S1) 0.6683; (P) 0.6721; (R1) 0.6746; More… Intraday bias in AUD/USD remains mildly on the downside at this point. Pull back from 0.6870 short term top is in progress. But strong support would be seen from channel support (now at 0.6677) to bring rebound. On the upside, above 0.6759 minor resistance will turn