Day by day Pivots: (S1) 0.5928; (P) 0.6648; (R1) 0.7020; Extra…
Intraday bias in AUD/USD stays on the draw back for the second. Present down pattern ought to goal 100% projection of 0.7660 to 0.6680 from 0.7135 at 0.6155 subsequent. On the upside, above 0.6362 minor resistance will flip intraday bias impartial and convey consolidations. However outlook will stay bearish so long as 0.6539 resistance holds.
Within the larger image, down pattern type 0.8006 (2021 excessive) is anticipated to proceed so long as 0.6680 assist turned resistance holds. Subsequent goal is 0.5506 low. Medium time period momentum will now be intently monitored to gauge the possibility of break of 0.5506.
