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Prezzi

AUDUSD Bounce Off Support Looks Real

AUDUSD showing intraday strength after hitting support. I’m leaning long for a move back towards resistance.

AUDUSD – Intraday Bullish Bias

I’ve been watching AUDUSD bounce off a key support zone this morning. Price action is firming up on the 1H chart, and the move feels like more than just noise.

This isn’t a macro call – just a tactical short-term long. I expect the pair to grind higher toward the next resistance level. Not chasing it, but if the setup holds, it’s a clean trade.

Comments5

  • Priya Nair
    The bounce at support aligns with the broader risk-on shift today 📈. If this holds, the 0.6620 resistance zone becomes the next logical test—worth watching volume there.
  • Interesting how that support zone held so cleanly—makes you wonder if the RBA's recent tone is finally giving the Aussie some legs. Are we seeing a genuine shift in momentum or just a dead cat bounce before the next leg lower? 🤔
  • Support at 0.6480 held with a textbook hammer on the 4H. Next resistance sits at 0.6530; a clean break above confirms the move.
  • Support holds are only as good as the follow-through. I need to see a clean break above the session high with volume before adding risk. The reward on a quick scalp back to resistance is tight if liquidity is thin.
  • Bounce looks solid on the 15m, but daily trend still favors sellers until we clear 0.6450. Tight stop below 0.6370 or you're donating. 🚀