AUD/USD Intraday Signal: Bearish Bias Below 0.6535
The AUD/USD pair remains under bearish pressure, capped below the key resistance level at 0.6535. This level acts as a strong ceiling, keeping the pair within a corrective phase. The RSI remains subdued below 50, suggesting persistent selling momentum and limited bullish attempts.
As long as the price trades below 0.6535, the downside scenario remains dominant with potential declines toward 0.6490 and 0.6470. The intraday structure shows choppy movement, but the broader bias continues to favor sellers as the market remains sensitive to U.S. dollar strength.
If buyers manage to reclaim 0.6535, the bullish correction could extend toward 0.6555 and 0.6575, but overall sentiment will likely stay fragile unless sustained buying volume emerges. For now, traders should remain cautious and favor short setups under the resistance zone.
Enter: Short below 0.6535
SL: 0.6555
Target A: 0.6490
Target B: 0.6470
