AUD/USD Intraday Signal: Turning Up Above 0.6535
The AUD/USD pair is turning higher while holding above the pivot level at 0.6535. Buyers are gradually regaining control, aiming for the next resistance targets at 0.6575 and 0.6590. The price structure remains constructive, as each pullback continues to attract demand near support, signaling the potential for a new upward leg.
The RSI supports the bullish outlook as it turns upward, calling for renewed buying pressure and a possible continuation of the short-term uptrend. Price action remains well-positioned above key moving averages, suggesting momentum alignment in favor of the bulls. A decisive break above 0.6575 would confirm further advance toward 0.6590.
Alternatively, a drop below 0.6535 would weaken the bullish bias and expose supports at 0.6515 and 0.6500 before potential buyers reappear.
Trade Setup:
Enter: Long above 0.6535
Stop-Loss (SL): 0.6515
Target A: 0.6575
Target B: 0.6590
