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AUDUSD Daily Analysis - August 30, 2016

Short Term Forex Analysis | by ForexCycle.com | Tuesday, 30 August 2016 02:23 UTC
AUDUSD is in downtrend from 0.7755. Further decline could be expected in a couple of days, and next target would be at 0.7250 area. Resistance is located at the downward trend line on 4-hour chart, only a clear break above the trend line resistance could trigger another rise towards 0.8000.

audusd chart

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