AUD/USD Daily Analysis – Tuesday, August 13

AUD/USD’s fall from 0.6821 extended to as low as 0.6744.

AUD/USD’s fall from 0.6821 extended to as low as 0.6744. However, the fall is likely corrective consolidation for the uptrend from 0.6677, another rise could be expected after the consolidation, a break of 0.6821 resistance could trigger another rise towards 0.6900.

AUDUSD 4-hour chart

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