AUD/USD Turns Below 0.69738 with Confirmation Needed

Research preview

Executive Market Read AUDUSD is trading near 0.69838 with a balanced enough to require discipline around entries profile; the key issue is not the first move, but whether the next close confirms follow-through. Price is holding above the daily pivot at 0.69770, which keeps the first read tilted toward resistance pressure rather than support repair. The working support band is 0.69738 / 0.69658 / 0.69514, while the resistance band is 0.69941 / 0.70032 / 0.70120. Daily R1 at 0.69919 and S1 at 0.69579 define the first tactical range. Internal models have flipped from Sell to Strong Sell for AUD/USD. The shift puts downside continuation in focus, with price near 0.69389,...