AUD/USD Daily Analysis – Thursday, Feb. 28

AUD/USD failed to break above 0.7206 resistance and pulled back from 0.7198.

AUD/USD failed to break above 0.7206 resistance and pulled back from 0.7198. Deeper decline would likely be seen and next target would be at 0.7080 area. Only a break above 0.7206 resistance could trigger another rise towards 0.7300.

AUDUSD 4-hour chart

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