AUD/USD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 0.7205.
AUD/USD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 0.7205. Further decline is still possible after a minor consolidation and next target would be at 0.6950 area. Near term resistance is at 0.7035, a break of this level could bring the price back towards the trend line.
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