AUDUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 0.7369 had completed at 0.7508 already. The pair is now in downtrend, further decline could be expected and next target would be at 0.7350 area. Resistance is at 0.7480, only break above this level could trigger another rise to 07600 zone.
For more short term forex analysis and info visit via AUDUSD Daily Analysis - December 12, 2016 . Thanks for your support.
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