AUD/USD Weekly Analysis – Friday, Oct. 12

AUD/USD is facing 0.7041 support, a breakdown below this level could trigger another downside movement towards 0.6900. Resistance is at 0.7130, a break of this level would confirm that the downside movement from 0.7314 is complete, then next target would be at 0.7200 area.

AUDUSD 4-hour chart

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