ForexCracked

AUDUSD 4H Next Possible Moves

FX:AUDUSD   Australian Dollar / U.S. Dollar
This pair ended lower last week to 0.6776 and then turned on sideways movement. Initial bias remains neutral this week. As a short term top was formed, the further decline will remain in favor as long as 0.7064 resistance holds. On the downside, a break of 0.6780 will target 38.2% retracement 0.6469.

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