AUD/USD Weekly Analysis – Thursday, Nov. 29

AUD/USD broke above 0.7277 resistance, suggesting that the upside movement from 0.7020 has resumed. Further rise would likely be seen and a breakout of 0.7337 resistance could take the price to 0.7400 area. Support is at 0.7260, only a breakdown below this level could trigger another fall towards 0.7164 support.

AUDUSD 4-hour chart

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