AUDUSD Daily Analysis – Wednesday, Jan. 15

AUDUSD is in consolidation for the downtrend from 0.7031, another fall to test 0.6850 support would likely be seen in the coming days, a breakdown below this level could trigger further downside movement to 0.6800 area.

Near term resistance is at 0.6919, above this level could take the price to 0.6950 area.

AUDUSD 4-hour chart

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