AUD/USD Daily Outlook
Daily Pivots: (S1) 1.0702; (P) 1.0854; (R1) 1.0931; More
AUD/USD drops sharply to as low as 1.0678 so far today and the break of 1.0789 support argues that rise from 1.0390 has completed at 1.1079 already. Intraday bias is flipped back to the downside and deeper fall could now be seen to 1.0524 support and below. At this point, we’re still staying medium term bullish in AUD/USD and thus, we’d expect strong support above 1.0390 to bring rebound. Above 1.0866 will flip bias back to the upside for
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