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AUDUSD Intraday Analysis

AUDUSD (0.7182): The Australian dollar was seen testing the resistance target level of 0.7191. With the currency maintaining strong gains near the resistance and showing no pullback to the downside, we expect that the bullish could exhaust at the current levels. Unless AUDUSD breaks past the 0.7191 resistance, the currency pair could pull back in the near term. The lower support at 0.7027 remains a key level of support to the downside.

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