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AUD/USD Every day Report


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

AUD/USD’s fall from 0.6894 resumed by breaking by means of 0.6714 and intraday bias is again on the draw back. As this decline is seen because the third leg of the corrective sample from 0.6898, draw back must be contained by 0.6594 assist. On the upside, break of 0.6820 resistance will flip bias again to the upside for 0.6894/eight resistance zone.

Within the larger image, worth actions from 0.7156 are seen as a correction to the rebound from 0.6169 (2022 low). Break of 0.6898 resistance will argue that rise from 0.6169 is able to resume by means of 0.7156. Subsequent goal will probably be 100% projection of 0.6169 to 0.7156 from 0.6457 at 0.7444. For now, this would be the favored case so long as 55 D EMA (now at 0.6720) holds.

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