AUDUSD Daily Analysis – Thursday, Jan. 3
AUDUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 0.7393.
As long as the trend line resistance holds, the downtrend could be expected to continue and next target would be at 0.6700 area.
Only break above the trend line resistance could signal completion of the downtrend.
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Nice report again. I've set my targets.