The AUD/USD pair traded within a visible intraday pullback after several attempts to hold in the upper part of the range failed. The market is still above the major lows, but the latest candles show that bullish momentum has weakened and sellers have regained tactical control in the short term. This leaves the pair in a corrective bearish phase for now, although the broader structure is not fully broken unless the lower support cluster gives way. For the full day, the pivot zone will separate a limited rebound from a continuation of the current decline.
Current price: 0.71507
Pivot: 0.71530
Nearest support levels: S1 0.71420, S2 0.71320, S3 0.71190
Nearest resistance levels: R1 0.71620, R2 0.71730, R3 0.71840
Note: Below 0.71530, the pair may remain under pressure and slide toward 0.71420 and 0.71320. If bearish momentum accelerates, 0.71190 becomes the next downside target. Above 0.71530, a rebound may develop toward 0.71620 and 0.71730, while 0.71840 would act as the stronger resistance area for the day.
