AUD/USD Daily Analysis – Friday, Dec. 14

AUD/USD is facing 0.7178 support, a breakdown below this level could trigger further downside movement to 0.7100 area. Key resistance is at 0.7246, above this level would indicate that the downside movement had completed at 0.7178 already, then further rally to 0.7300 area could be seen.

AUDUSD 4-hour chart

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