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AUD/USD Each day Report


Each day Pivots: (S1) 0.6664; (P) 0.6742; (R1) 0.6787; Extra…

Intraday bias in AUD/USD is turned impartial with present restoration. Whereas deeper fall can’t be dominated out, sturdy help must be seen from 0.6594 to finish to corrective sample from 0.6898. On the upside, break of 0.6714 help turned resistance will flip bias again to the upside for retesting 0.6894/eight resistance zone. Nonetheless, sustained break of 0.6594 will dampen this may and produce deeper fall in the direction of 0.6457.

Within the greater image, outlook is combined for now as AUD/USD did not maintain above each 55 D EMA (now at 0.6720) and 55 W EMA (now at 0.6784). On the upside, break of 0.65898 resistance will solidify the case that down pattern from 0.8006 (2021 excessive) has already accomplished, and goal 0.7156 resistance for affirmation. Nonetheless, break of 0.6457 will seemingly resume the down pattern via 0.6169 (2022 low).

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