AUDUSD Daily Analysis – Friday, August 24

AUDUSD’s downside movement from 0.7381 extended to as low as 0.7237.

AUDUSD’s downside movement from 0.7381 extended to as low as 0.7237.

Deeper decline to test 0.7202 support is still possible after a minor consolidation.

Resistance is at 0.7310, only a break of this level could bring the price back towards 0.7380.

AUDUSD 4-hour chart

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