AUDUSD broke below the rising support trend line on the 4-hour chart and is now in downtrend from 0.7712. Deeper decline is possible and next target would be at 0.7555, followed by 0.7535. Near term resistance is at 0.7650, only break above this level could trigger another rise towards 0.8000.
For more short term forex analysis and info visit via AUDUSD Daily Analysis – July 5, 2017 . Thanks for your support.
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