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AUDUSD Daily Analysis - October 10, 2016

Short Term Forex Analysis | by ForexCycle.com | Monday, 10 October 2016 03:18 UTC
AUDUSD's downward movement from 0.7710 extended to as low as 0.7552. Further decline is still possible in a couple of days, and next target would be at 0.7400 area. Resistance is at 0.7660, only break above this level could signal completion of the downtrend.

audusd chart

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