AUD/USD Weekly Analysis – Friday, Nov. 30

AUD/USD extended its upside movement from 0.7199 to as high as 0.7344, breaking above 0.7337 resistance. The upside movement could be expected to continue and next target would be at 0.7400 area. Near-term support is at 0.7280, only a breakdown below this level could bring the price back towards 0.7200.

AUDUSD 4-hour chart

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