FX.co ★ torp.paris | AUD/USD

Buyers have slightly moved up in the currency pair AUDUSD, but they are not in a hurry to continue the rise. The downward bias still persists, the US dollar is still set to rise, but everything can change closer to the evening. If not a full-fledged growth, then at least a pullback upwards is needed. Holding above 0.7050 could lead to an increase in AUDUSD to 0.7080 and 0.7110 - from here the decline may resume. In case of successful consolidation above 0.7110, a rise to 0.7140, 0.7170, and possibly up to 0.7200 could be possible. If sellers still manage to continue the decline, then after consolidating below 0.7050, a descent to 0.7020 can be expected initially. Consolidation below 0.7020 would make a decline to 0.6990 and 0.6960 possible, and then we will see.