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AUDUSD rejected at 0.786 retracement, likely resuming downtrend

Dollar Australia / Dollar AS (SAXO:AUDUSD)  
Saxo Broker  
SAXO:AUDUSD   Dollar Australia / Dollar AS
Trend Analysis Chart Patterns Technical Indicators
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AUDUSD spiked higher to the 0.786 retracement at 0.6584 and the 100 daily Moving Average only to rejected.

The strength indicator RSI also tested and got rejected at the 60 threshold
A daily close above is necessary for AUDUSD to establish a bullish trend.

AUDUSD seems likely to resume downtrend, and a daily close below 0.6485 could fuel a sell-off down to test support at 0.6360 once again
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