Every day Axes: (S1) 0.5987; (P) 0.6081; (R1) 0.6249; more...
AUD/USD restoration from 0.5913 has prolonged above, and now it presses 55 4H EMA (now at 0.6146). The continuing buying and selling above should be confirmed there within the brief time period, and brings a stronger restoration in the direction of 0.6388 resistance. Nonetheless, the rejection by EMA, adopted by a break from 0.6057 easy assist will result in a re -test of 0.5913 low, and the resumption of a lower better than 0.6941 at a later stage.
Within the largest picture, the lower is seen from 0.6941 (2024 top) as a part of the decrease route of 0.8006 (2021). The subsequent common aim is 61.8 % drop from 0.8006 to 0.6169 from 0.6941 at 0.5806. In any case, Outlook will stay an id so long as the resistance 0.6388 retains.
2025-04-10 03:59:31