AUD/USD formed a sideways movement in a narrow range between 0.7624 and 0.7729. The sideways movement is likely a consolidation of the downtrend from 0.8124.
A breakdown below 0.7624 support could trigger another fall towards 0.7535 support level. Resistance is at the falling trend line on the daily chart. Only a clear break above the trend line resistance could bring the price back into 0.7750 zone.
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