#AUDUSD @ 0.66165 0.6620 was the structure that gave way to 0.6574 recent lows.
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- 0.6620 was the structure that gave way to 0.6574 recent lows.
- 0.6650 is key resistance and the focus will be on a break of 0.6607.
AUD/USD has popped higher in the opening session to a high of 0.6623 but the daily technical outlook is bearish while on the back side of the broader and micro trendlines as follows:
The price is in a broken-down market and besides the meanwhile correction, the 0.6550s are eyed.
0.6620 was the structure that gave way to 0.6574 recent lows. If the price struggles to get above 0.6650, then the focus will be on a break of 0.6607 to give way to the downside.
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