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AUDUSD Intraday Analysis

AUDUSD (0.7197): The AUDUSD consolidated having moved little following the rally above 0.7191. Price action could potentially breach this support with no fresh highs on the radar. This could expose the downside risks with the lower support at 0.7022 pending a retest. To the upside, the next target is at 0.7292 which has potential if the AUDUSD manages to regain the lost bullish momentum.

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