AUD/USD is consolidating near the psychological 0.7000 level after the recent upward move lost momentum. The pair is trading near 0.6997, with buyers still trying to hold the broader recovery structure. However, failure to return above 0.7000 may increase the risk of a deeper intraday pullback.

Current price: 0.6997

Pivot level: 0.7000

Support:

• S1: 0.6985
• S2: 0.6970
• S3: 0.6955

Resistance:

• R1: 0.7005
• R2: 0.7020
• R3: 0.7030

Comment:

• Above the pivot level, AUD/USD may resume growth toward 0.7005 and 0.7020.
• Below the pivot level, the pair may correct toward 0.6985 and 0.6970.

AUD USD