As soon as the Aussie traders knew that the recently upbeat job figures for March don't reveal the lockdown impact, the AUD/USD pair extended the previous pullback moves and slipped below the one-month-old rising trend line. While the pair's sustained trading below the short-term support line favors the sellers, 61.8% Fibonacci retracement and 200-bar SMA are around 0.6230/20 will keep further declines limited. In a case bears refrain to listen around 0.6220, 0.6000 and the monthly low close to 0.5980 could flash on their radars.
On the contrary, an upside clearance of the support-turned-resistance, at 0.6315 now, will again push the quote towards a broad resistance area comprising multiple lows marked since late-February and the recent high, near 0.6430/60. Though, a sustained break above 0.6460 will propel the quote towards the March month high of 0.6685 with 0.6540 and 0.6580 acting as intermediate stops during the rise.