AUD/USD Targets as Strength Into 0.70620

Research preview

Research Desk View AUDUSD is trading near 0.70520 with a level-sensitive, with momentum and macro risk both important profile; the setup now depends on whether buyers or sellers can defend the first decision band. Price is trading below the daily pivot at 0.70593, which leaves the first read vulnerable unless the pivot is reclaimed. The working support band is 0.70419 / 0.70329 / 0.70248, while the resistance band is 0.70620 / 0.70701 / 0.71447. Daily R1 at 0.70665 and S1 at 0.70447 define the first tactical range. Internal models have flipped from Buy to Strong Buy for AUD/USD. The shift puts upside continuation in focus, with price near 0.70632, the...