AUDUSD Daily Analysis – Friday, Sept. 7


AUDUSD continued its sideways movement in a trading range between 0.7144 and 0.7235.

A breakdown below 0.7144 support could trigger another downside movement towards 0.7100.

On the upside, a breakout of 0.7235 resistance could bring the price back to 0.7300 area.

AUDUSD 4-hour chart

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