AUDUSD broke above the falling trend line on the 4-hour chart, suggesting that the downtrend from 0.7988 had completed at 0.7712 already.
Further rise to test 0.7893 resistance is still possible, a break of this level could take price to 0.7950 area. Support is at 0.7750, only break below this level could trigger another fall towards 0.7600.
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