AUD/USD Intraday Signal: Watch 0.6560 as Key Resistance
AUD/USD maintains a bullish intraday bias as long as price stays above the pivot at 0.6525. Buyers are expected to target resistance levels at 0.6560 and 0.6580 in extension. The structure shows improving momentum with higher lows forming, suggesting the upward trend may continue while supported above the pivot.
Momentum indicators support the bullish scenario — the RSI remains above its neutral area at 50, confirming renewed buying interest, while price trades above key short-term moving averages. A decisive break above 0.6560 would validate further gains toward 0.6580, where the next major resistance zone lies.
Alternatively, a drop below 0.6525 would challenge the bullish outlook and expose support levels at 0.6505 and 0.6485.
Trade Setup:
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Enter: Long above 0.6525
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Stop-Loss (SL): 0.6505
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Target A: 0.6560
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Target B: 0.6580
