AUD/USD Intraday Signal: Bullish Momentum Holds Above 0.6570
The AUD/USD pair retains a bullish intraday bias while trading above the pivot support at 0.6570. Buyers are expected to extend the recovery toward resistance levels at 0.6615 and 0.6630 as long as the pair remains above this key level. The short-term structure indicates that dips continue to attract demand within the ongoing uptrend.
The RSI is turning higher from its midline near 50, suggesting renewed upside momentum and a potential rebound setup. Price action also shows stability above the 20- and 50-period moving averages, supporting the bullish scenario. A break above 0.6615 could open the path toward 0.6630, confirming further upside extension.
Alternatively, a drop below 0.6570 would weaken the bullish view and expose the next supports at 0.6555 and 0.6540 before buyers attempt to re-enter.
Trade Setup:
Enter: Long above 0.6570
Stop-Loss (SL): 0.6555
Target A: 0.6615
Target B: 0.6630
