AUD/USD Daily Analysis – Wednesday, Feb. 27

AUD/USD is facing 0.7206 resistance, a break of this level would indicate that the uptrend from 0.7054 has resumed then further rise towards 0.7300 could be seen. Near term support is at 0.7140, a breakdown below this level could trigger another fall towards 0.7050.

AUDUSD 4-hour chart

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