- AUD / USD fell slightly this Thursday as the bulls take a break.
- Support can be seen near the 0.6550 level.
AUD / USD four-hour chart
AUD / USD consolidates recent gains while moving away from May highs. The quotation currently remains just above the level of 0.6550 and of the main ADMs while maintaining an upward bias in the medium term. However, buyers will need a clear break above the figure of 0.600, which can lead to more gains towards the level of 0.6700 and above. However, support is expected to remain near the 0.6550 and 0.6500 levels.
Resistance: 0.600, 0.6700, 0.6790
Support: 0.6550, 0.6500, 0.6400