AUD/USD Intraday Signal: Upside Momentum Prevails Above 0.6485
The AUD/USD pair maintains a strong bullish intraday bias after breaking above the pivot level at 0.6485. This breakout acts as a positive signal, opening the way toward resistance targets at 0.6535 and 0.6555 in extension. The upward momentum remains supported by steady demand, as buyers continue to defend higher lows within the short-term structure.
Momentum indicators align with this bullish setup — the RSI is firm above the midline, indicating sustained buying pressure, while price remains comfortably above both the 20- and 50-period moving averages, confirming a solid uptrend configuration. A clear move above 0.6535 would likely accelerate the rally toward 0.6555.
Alternatively, a decline below 0.6485 would weaken the bullish bias and expose supports at 0.6465 and 0.6450 before potential buyers re-emerge.
Trade Setup:
Enter: Long above 0.6485
Stop-Loss (SL): 0.6465
Target A: 0.6535
Target B: 0.6555
