AUDUSD continued its downside movement from 0.7729 and the fall extends to as low as 0.7576.
Near-term resistance is at the falling trend line on the 4-hour chart. As long as the price is below the trend line, further decline could be expected and next target would be at 0.7500 area.
Only a clear break above the trend line resistance could signal completion of the downtrend.
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