AUD/USD Daily Outlook
Daily Pivots: (S1) 1.0153; (P) 1.0234; (R1) 1.0300; More
The break of 1.0177 suggests that fall from 1.0764 has resumed and intraday bias is mildly on the downside for retesting 0.9926 support first. As noted before, corrective rise from 0.9926 is already completed with three waves up to 1.0764. Break of 0.9926 will confirm resumption of fall from 1.1079. On the upside, though, break of 1.0397 will dampen this immediate bearish view and argue that consolidation form 0.9926 is still in progress for another rise, possibly
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