AUD/USD Daily Analysis – Monday, Sept. 10

AUD/USD extended its downside movement from 0.7381 to as low as 0.7097. Further decline is still possible in the coming days and next target would be at 0.7000 area. Resistance levels are at 0.7140 and 0.7190, only break above these levels could signal completion of the downtrend.

AUDUSD 4-hour chart

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