The AUD/USD pair begins the day in a clearly bearish environment after a forceful selloff erased the previous recovery structure and pushed the market down toward the lower end of the visible range. On the H1 chart, the decline is broad and directional rather than choppy, which suggests that sellers remain firmly in control even though the market is trying to stabilize after the drop. The latest rebound from the lows is still too small to shift the daily bias, so for the full session the pair remains vulnerable unless buyers can reclaim key resistance and build acceptance above it. In this context, rebounds are more likely to be tested for selling interest than treated as the start of a sustainable reversal.
Current price: 0.71414
Pivot: 0.7158
Nearest support levels: S1: 0.7130, S2: 0.7115, S3: 0.7100
Nearest resistance levels: R1: 0.7158, R2: 0.7175, R3: 0.7192
Note: While the pair trades below the pivot at 0.7158, the intraday bias remains bearish and pressure may continue toward 0.7130. A move below that support would strengthen the bearish scenario toward 0.7115 and 0.7100. If buyers push AUD/USD back above 0.7158, a corrective rebound toward 0.7175 could develop, while 0.7192 would be the next major upside barrier. However, only a stable recovery above 0.7175 would begin to weaken the current bearish day structure in a meaningful way.
