AUD/USD remains in the downtrend from 0.7676, the bounce from 0.7347 is likely consolidation for the downtrend. Resistance is now at 0.7440, only a breakout of this level could signal completion of the downtrend.
AUD/USD Daily Analysis – Wednesday, June 20
AUD/USD remains in the downtrend from 0.7676, the bounce from 0.7347 is likely consolidation for the downtrend.
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