AUDUSD is now in the downtrend from 0.6569. Further decline would likely be seen after consolidation and next target would be at 0.6250 area. Resistance is at 0.6500, only break above this level could trigger another rise towards 0.6600.
AUDUSD Daily Analysis – Tuesday, May 5
AUDUSD is now in the downtrend from 0.6569. Further decline would likely be seen after consolidation and next target would be at 0.6250 area.
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