Despite the recovery to 1.0544, AUD / USD is quickly losing steam and returning sharply. We became neutral first. But the overall outlook remains unchanged. That is, we expect strong resistance from the upper trend line (now at 1.0667) to limit the upside and bring a reversal. Therefore, we will not participate even if there is an increase again. Meanwhile, a break of the 1.0412 support will now indicate that AUD / USD has peaked and will turn the bias back to the downside for support 1.0176 and below.


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