AUD/USD Intraday Signal: Bearish Bias Below 0.6490
The AUD/USD pair remains under bearish pressure while trading below the pivot resistance at 0.6490. Price action continues to form lower highs, indicating sellers are maintaining control over short-term market sentiment. The RSI supports the bearish outlook, showing downward momentum that aligns with the current technical setup.
As long as 0.6490 acts as resistance, the pair is expected to extend losses toward 0.6455 and 0.6440 — both key support levels. A sustained break below 0.6440 could accelerate bearish momentum, opening the path to deeper retracement.
Alternatively, if buyers manage to reclaim 0.6490, a short-term recovery could push prices toward 0.6510 and 0.6525, but the upside is likely to remain capped unless strong volume supports the breakout.
Enter: Short below 0.6490
Stop-Loss (SL): 0.6510
Target A: 0.6455
Target B: 0.6440
