FX:AUDUSD   Australian Dollar / U.S. Dollar
Currently, AUD/USD is trading 0.6903. The pair is consolidating in the resistance and support levels. Previously, the pair was trading in a down trend and after touching support level , it started consolidating in the resistance and support levels. If the price breaks the resistance level at 0.6975, then it may start a new up trend and its target price will be at 0.7202. If the price breaks the support level at 0.6785, then it may start a new down trend and its target price will be at 0.6561.

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Comments

Two targets?

Good luck friend
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@TayFx, As the pair is consolidating right now, there are chances that it may start a new up trend or a down trend. So according the targets are defined.
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