The AUD/USD pair is trading within a still constructive intraday structure after a strong bullish advance earlier in the week. However, the pair is now correcting from the local top, which means the market may spend part of the day in a balancing phase before choosing the next directional move. As long as the price remains above the pivot area, the pullback looks more like a pause within the broader uptrend rather than a full reversal.
Current price: 0.72294
Pivot: 0.7225
Nearest support levels: S1: 0.7210, S2: 0.7197, S3: 0.7183
Nearest resistance levels: R1: 0.7241, R2: 0.7256, R3: 0.7272
Note: If the price stays above the pivot at 0.7225, buyers may try to renew the upside move toward 0.7241 and 0.7256. If momentum extends, 0.7272 becomes the next intraday target. If the pair loses the pivot and trades confidently below it, the correction may stretch toward 0.7210 and 0.7197, while 0.7183 would act as the lower boundary of the day’s downside scenario.
