AUD/USD Weekly Analysis – Tuesday, Nov. 27


AUD/USD is facing 0.7201 support, a breakdown below this level could take the price to 0.7100 area. Resistance is at 0.7277, only a break of this level would indicate that the downside movement from 0.7337 had completed at 0.7201 already, then another rise towards 0.7400 could be seen.

AUDUSD 4-hour chart

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