AUDUSD stays in a trading range between 0.7624 and 0.7729.
As long as 0.7729 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 0.7897, and a breakdown below 0.7624 support could trigger further downside movement into 0.7500 zone.
Near-term resistance is at 0.7700, followed by 0.7729, only breakout of these levels could signal completion of the downtrend, then next target would be at 0.7800 area.
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