On the currency pair AUDUSD continues correction of strong declines from last Friday. Price arrived in the vicinity of resistance at 0.7128 and there is visible reaction supply. This resistance is both an internal level 38.2% of those declines. In addition, the H1 chart shows that an upward correction may be correction ABCD. So if you would be a return to declines, perhaps even today, the price will reach Friday’s lows at 0.7063.
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