AUD/USD Daily Analysis – Tuesday, July 31

AUD/USD moved sideways in a trading range between 0.7310 and 0.7483. Another fall towards 0.7300 would likely be seen in a couple of days. Near term resistance is at 0.7425, only break above this level could trigger another upside movement to test 0.7483 resistance.

AUDUSD 4-hour chart

 

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