0
84
AUD/USD
Yesterday the Australian dollar tested the level of 0.8065, and today it is already trading by 100
points lower, in the narrow range near the 0.7960.
Failure to gain a foothold above 0.80 weakens the bulls’ position, but as long
as the pair holds above 0.7940, they still have a chance to recover.
A break below the mentioned support will show that the pair has formed the top
and is ready for a deeper downward correction.
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