Rebound in AUD/USD is probing upper part of a short term channel limit at 0.7720/0.7770.
Daily RSI is diverging negatively showing possibility of a short term reaction. Retest of recent lows at 0.7490 can’t be ruled out. Graphical levels at 0.7390 will be an important short term support.
Only a move above 0.7830, the 76.4% retracement from May highs will mean further recovery.
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