Aussie Daily Chart
Aussie Daily Chart

On the AUD/USD daily chart, we see that price dug into the resistance zone (area between two yellow lines), tested with high efficiency in the past. In addition, the upper candle wick stopped almost to the pip at the intersection of the resistance zone upper limit and dynamic downtrend line. It should be noted that price is below 21/55-day MA, which put a very strong downward pressure on the pair (MACD oscillator is alos clearly below zero).

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