AUD/USD Eyes Higher: Intraday Long Setup Targets 0.66379 Amidst Sustained Bullish Momentum

Market Overview & Trend Confirmation

Good morning, KoraFX community. Let's talk about AUD/USD, a pair I've been tracking closely. The current market action clearly indicates a bullish bias, with the pair trading at 0.65421 and showing a solid 0.34% gain over the last 24 hours. This move higher from the 0.65089 daily low to the 0.65754 daily high demonstrates clear buying pressure. From a fundamental perspective, we are seeing continued optimism around commodity prices, which tends to support the Aussie dollar, while the USD shows signs of softening as markets anticipate a potential pause in the Fed's hawkish stance. The overall trend remains bullish, and I'm looking for opportunities to align with that momentum.

Intraday Technical Setup & Entry Strategy

My analysis points to an intraday long