AUD/USD Daily Analysis – Thursday, Sept. 27

AUD/USD is facing 0.7236 support, a breakdown below this level would indicate that the upside movement from 0.7085 had completed at 0.7314 already, then further decline to 1.7150 area could be seen. On the upside, as long as 0.7236 support holds, the upside movement could be expected to resume, and one more rise towards 0.7350 is still possible.

AUDUSD 4-hour chart

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