AUD/USD Daily Analysis – Wednesday, Jan. 30

AUD/USD is facing 0.7203 resistance, a break of this level could signal resumption of the uptrend from 0.7075, then next target would be at 0.7300 area. Near term support is at 0.7135, below this level could bring the price back towards 0.7050.

AUDUSD 4-hour chart

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