Daily Pivots: (S1) 0.7065; (P) 0.7084; (R1) 0.7115; More… AUD/USD’s strong recovery and break of 0.7107 minor resistance suggests temporary bottoming at 0.7054. Intraday bias is turned neutral for consolidations. Stronger rise might be seen, but upside should be limited by 0.7295 resistance to bring another fall. We’re holding on to the view that rebound […]

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Original source: https://www.actionforex.com/technical-outlook/audusd-outlook/172622-aud-usd-daily-outlook-536/

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