The pair traded within a range after the sharp recovery from the 0.7100 area, then moved into a sideways consolidation below the recent high. AUD/USD is trying to rebuild upside momentum from the 0.7150–0.7160 zone, and the daily structure remains constructive while the market holds above the Pivot.
Current price: 0.71712
Pivot: 0.7164
Nearest support levels:
S1: 0.7150
S2: 0.7130
S3: 0.7105
Nearest resistance levels:
R1: 0.7185
R2: 0.7200
R3: 0.7220
Note:
Above Pivot: holding above 0.7164 may support a renewed move toward 0.7185. If buyers break this area, the next upside targets for the day will be 0.7200 and 0.7220.
Below Pivot: a move below 0.7164 may return the pair to a corrective phase toward 0.7150. If this support fails, AUD/USD may continue lower toward 0.7130 and 0.7105.
