AUD/USD – The consolidation in the downtrend below the horizontal resistance in the daily chart around 0.7900 continues, still not ruling out short-term lower prices. An hourly close below support at 0.7745 would suggest short-term selling pressure, not ruling out new short-term lows below 0.7626 with next support coming in at the lower end of the falling trend channel around 0.7580 and longer-term solid horizontal support within the 0.7400-0.7200 area.
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