AUDUSD broke below 0.6990 support, suggesting that the upside movement from 0.6838 had completed at 0.7031 already.
AUDUSD broke below 0.6990 support, suggesting that the upside movement from 0.6838 had completed at 0.7031 already. Further decline could be expected after a minor consolidation and the target would be at the rising trend line on the 4-hour chart.
Near term resistance is at 0.6990, above this level could trigger another rise towards 0.7100.
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