After two days of consolidation AUDUSD struck the top and continued the previous uptrend. Currently we arrived in the area very important from the point of view on daily chart resistance level of 0.7727.

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Looking at the weekly chart we see that the level was tested already twice earlier this year and every time a strong supply response triggered increases. If this time the demand will overcome the current resistance, the potential growth could reach 0.7843 or even further resistance around 0.8087.

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