The pair traded within a range after the earlier decline from the 0.7180–0.7190 area, then found support near the lower boundary and started to rebound. AUD/USD is attempting to recover from the recent lows, but the market still needs to regain the Pivot zone to confirm a stronger full-day recovery.
Current price: 0.71337
Pivot: 0.7138
Nearest support levels:
S1: 0.7118
S2: 0.7100
S3: 0.7085
Nearest resistance levels:
R1: 0.7148
R2: 0.7165
R3: 0.7182
Note:
Above Pivot: a move above 0.7138 may confirm that the recent decline is losing momentum and support a recovery toward 0.7148. If buyers break this level, the next upside targets will be 0.7165 and 0.7182.
Below Pivot: while AUD/USD remains below 0.7138, the rebound stays vulnerable. A break below 0.7118 may return pressure to the downside and expose 0.7100 and 0.7085.
