AUDUSD is in the forming of downtrend from 0.7390 - 0.7400.

on the other hand, AUDUSD is going up now since it found support at 0.6830.

In short term, see support at 0.6960, which is the support of upward trend line. When the support be validated, price would go up test long term downtrend line resistance - 0.7060, IMO.

Trend Analysis

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