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AUDUSD Intraday Analysis

AUDUSD (0.7244): The Australian dollar advanced on Thursday as price action tested the resistance level of 0.7292. Price action closed with a doji on the 4-hour chart and closed bearish after that. We expect the declines to continue to push AUDUSD lower toward 0.7191 where support should establish. Forming support at this level could keep AUDUSD range bound within the current levels

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