AUD/USD Midnight Report – Forex Work


Day by day axes: (S1) 0.5907; (P) 0.6120; (R1) 0.6252; more...

A short lived lower ought to be fashioned in 0.5931 with pity at present. The bias contained in the day in AUD/USD turns first. A stronger restoration can’t be excluded. However the upward pattern ought to be restricted lower than 0.6210 assist became resistance to a different fall. On the adverse aspect, Break will resume 0.5931 a bigger lower to 61.8 % than 0.6941 to 0.6087 of 0.6388 at 0.5860.

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Within the largest picture, the lower is seen from 0.6941 (2024 peak) as a part of the decrease path 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 identification so long as the resistance 0.6388 retains.

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2025-04-07 13:04:40

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