The pair traded within a range before breaking sharply lower from the previous consolidation area, with AUD/USD now trying to stabilize near the 0.7000 zone. The full-day structure remains fragile, and the pair needs to reclaim the Pivot to reduce downside pressure.

Current price: 0.7008

Pivot: 0.7018

Nearest support levels:

• S1: 0.6990
• S2: 0.6978
• S3: 0.6962

Nearest resistance levels:

• R1: 0.7028
• R2: 0.7045
• R3: 0.7062

Note:

• Above Pivot: recovery above 0.7018 may support a corrective move toward 0.7028, 0.7045 and 0.7062.
• Below Pivot: if the pair remains below 0.7018, bearish pressure may continue, with downside targets at 0.6990, 0.6978 and 0.6962.

AUD, USD