AUD/USD Weekly Analysis – Sunday, March 3

AUD/USD is facing 0.7054 support and a breakdown below this level would indicate that the downside movement from 0.7295 has resumed, then a  further decline towards 0.6900 could be seen.

Near term resistance is at 0.7206, above here could trigger another rise towards 0.7400.

AUDUSD daily chart

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