Daily Pivots: (S1) 0.6817; (P) 0.6856; (R1) 0.6928; More… Intraday bias in AUD/USD remains on the upside with focus on 0.6898 resistance. Decisive break there will will firstly confirm resumption of rise from 0.6457. Secondly, that should also confirm completion of the fall from 0.7156 at 0.6457. Next target will be 100% projection of 0.6457
AUDUSD Outlook
Daily Pivots: (S1) 0.6714; (P) 0.6755; (R1) 0.6829; More… AUD/USD’s rally accelerates to as high as 0.6888 so far today. Intraday bias stays on the upside at this point. Decisive break of 0.6898 resistance will firstly confirm resumption of rise from 0.6457. Secondly, that should also confirm completion of the fall from 0.7156 at 0.6457.
Daily Pivots: (S1) 0.6714; (P) 0.6755; (R1) 0.6829; More… AUD/USD’s rebound from 0.6594 resumed after brief retreat. Intraday bias is back on the upside for 0.6898 resistance next. Firm break there will firstly confirm resumption of rise from 0.6457. Secondly, that should also confirm completion of the fall from 0.7156 at 0.6457. Further rally should
Daily Pivots: (S1) 0.6660; (P) 0.6677; (R1) 0.6704; More… AUD/USD edged higher to 0.6740 but quickly retreated. Intraday bias remains neutral first. On the downside, break of 0.6594 will resume the decline from 0.6898 to 0.6457 support next. Nevertheless, firm break of 0.6740 resistance will turn bias back to the upside for stronger rebound. In
Daily Pivots: (S1) 0.6634; (P) 0.6665; (R1) 0.6706; More… Intraday bias in AUD/USD stays neutral as range trading continues, and further decline is expected. On the downside, break of 0.6594 will resume the decline from 0.6898 to 0.6457 support next. Nevertheless, firm break of 0.6719 resistance will turn bias back to the upside for stronger
Daily Pivots: (S1) 0.6640; (P) 0.6671; (R1) 0.6723; More… AUD/USD dips mildly today but stays inside established range above 0.6594. Intraday bias remains neutral for the moment. With 0.6710 resistance intact, further decline is in favor. On the downside, break of 0.6594 will resume the decline from 0.6898 to 0.6457 support next. Nevertheless, firm break
AUD/USD stayed in sideway trading above 0.6594 last week and outlook is unchanged. Initial bias remains neutral this week first. With 0.6710 resistance intact, further decline is in favor. On the downside, break of 0.6594 will resume the decline from 0.6898 to 0.6457 support next. Nevertheless, firm break of 0.6719 will turn bias back to