AUD/USD Daily Report

Daily Pivots: (S1) 0.8637; (P) 0.8653; (R1) 0.8677; More… Intraday bias in USD/CHF stays on the upside as rise from 0.8374 is in progress. Sustained break of 38.2% retracement of 0.9223 to 0.8374 at 0.8698 will argue that fall from 0.9223 has completed after defending 0.8332 low. Further rally should then be seen to 61.8% […]

Daily Pivots: (S1) 0.8418; (P) 0.8456; (R1) 0.8512; More….. Intraday bias in USD/CHF remains neutral as consolidations continues above 0.8399. Further decline is expected as long as 0.8540 minor resistance holds. Break of 0.8339 will resume the decline from 0.9223 and target 61.8% projection of 0.9049 to 0.8431 from 0.8747 at 0.8365, and then 0.8332 […]

Daily Pivots: (S1) 0.6592; (P) 0.6606; (R1) 0.6626; More… AUD/USD recovered ahead of 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579), but stays well below 0.6713 resistance. Intraday bias remains neutral first. Further rally remains in favor with 0.6578 intact. On the upside, firm break of 0.6713 will resume whole rise from […]