The AUD / USD pair continues its bearish move through many levels which end with trading below the 1.0525 level and facing the 1.0410 support level, generally the pair stays in a bearish direction as its main direction with a good chance that the pair can go back up to retest the closest resistance such as 1.0525 and 1.0650 and Break below 1.0390 are significant and closure below this level is likely to trigger a more significant topping formation which will project deeper decline below parity and towards 0.9800 over the coming days. Meanwhile, look for an intraday rally to close well in the 1.0700 area.


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