The pair traded within a range, but the broader H1 picture shows a persistent bearish correction from the 0.7190 area. AUD/USD is trying to rebound from the lower boundary of the recent decline, yet the pair still trades below the Pivot zone, keeping the full-day outlook defensive unless buyers reclaim control.
Current price: 0.71357
Pivot: 0.7143
Nearest support levels:
S1: 0.7122
S2: 0.7105
S3: 0.7088
Nearest resistance levels:
R1: 0.7152
R2: 0.7168
R3: 0.7188
Note:
Above Pivot: if AUD/USD rises above 0.7143, the correction may pause and the pair could recover toward 0.7152. A stronger push above that level may extend the rebound to 0.7168 and 0.7188.
Below Pivot: while the pair remains below 0.7143, downside risks stay active. A break below 0.7122 may increase bearish pressure and send the market toward 0.7105 and 0.7088.
