AUD/USD Weekly Analysis – Tuesday, Oct. 30

AUD/USD’s short term downtrend from 0.7159 had completed at 0.7020 already. Further rally would likely be seen and next target would be at 0.7150 area. Support is at 0.7020, only a breakdown below this level could trigger another fall towards 0.6900.

AUDUSD 4-hour chart

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