AUD/USD Intraday Signal: Further Upside Expected Above 0.6580
Analyses:
The AUD/USD pair maintains bullish momentum as long as the price stays above the key pivot level at 0.6580. RSI remains above the 50% neutrality zone, signaling buying pressure. If the bullish structure holds, price may test resistance targets at 0.6650 and 0.6665. In contrast, a break below 0.6580 could trigger a drop toward 0.6560 and 0.6545.
Enter: 0.6585 (above pivot)
SL: 0.6560
Target A: 0.6650
Target B: 0.6665
🔴 Signal Result
⛔️ Stop Loss triggered at 0.6560, resulting in a 25-pip loss from the entry at 0.6585.
The bullish structure was invalidated after the price broke below the key pivot at 0.6580.
We continue to monitor AUD/USD for new opportunities under evolving market conditions.
