Latest Analysis on AUD/USD Pair: Forecast and Outlook
Monday, 15 July 2024, 06:25
AUD/USD Daily Report
Intraday bias in AUD/USD is turned neutral for some consolidations.
On the upside, above 0.6898 will target 61.8% projection of 0.6361 to 0.6713 from 0.6619 at 0.6837.
Decisive break there could prompt upside acceleration through 0.6870 resistance to 100% projection at 0.6971.
On the downside, however, break of 0.6723 support will turn intraday bias to the downside for deeper pullback.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.