AUD/USD continued its sideways movement in a trading range between 0.6735 and 0.6821. The sideways movement is likely consolidation for the uptrend from 0.6677, as long as 0.6735 support holds, the uptrend could be expected to resume, a breakout of 0.6821 resistance could take the price to 0.6900 area. On the downside, a breakdown below 0.6735 support would confirm that the upside move had completed at 0.6821 already, then another fall towards 0.6650 could be seen.
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