AUDUSD expected to fall again
On the daily chart, AUDUSD is running below the downward trend line, and the bearish trend is dominant. The intraday market formed an inside bar break, and it is expected to continue to fall in the short term. At present, we can pay attention to the support near 0.618. If it falls below, it will go to around 0.610. The effective resistance above is around 0.630.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.