AUD/USD Above 0.72002: Advance Holds

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AUDUSD Hourly, Daily And Weekly Candle Charts AUDUSD is trading near 0.71135 against the daily pivot at 0.71062, so the chart set below separates the intraday reaction from the daily close and the wider weekly position. AUDUSD H1 candlestick chartAcross the hourly tape with price near 0.71135 keeps both sides in play until confirmation arrives. The useful evidence is sellers closed the latest candle below its open inside a 0.71125-0.71236 candle range, the recent sequence is compressed and two-sided, while price remains above pivot 0.71062. A better signal would be the next hourly close should either defend the reaction zone or expose a false start; Around the decision zone, a...