The pair traded within a range after last week’s bearish break, with AUD/USD remaining close to the lower side of the medium intraday structure. The full-day outlook stays cautious to bearish, as upside attempts remain limited while the pair holds below the Pivot zone.

Current price: 0.7003

Pivot: 0.7013

Nearest support levels:

• S1: 0.6995
• S2: 0.6982
• S3: 0.6968

Nearest resistance levels:

• R1: 0.7022
• R2: 0.7038
• R3: 0.7055

Note:

• Above Pivot: a move above 0.7013 may trigger a corrective rise toward 0.7022, 0.7038 and 0.7055.
• Below Pivot: while the pair stays below 0.7013, the bearish scenario remains valid, with downside targets at 0.6995, 0.6982 and 0.6968.

AUD, USD