AUD/USD outlook slightly tilted to the downside

430
AUD/USD has recovered significantly well from the 0.7570 levels. However, the bulls
are not out of the woods yet.
Price is currently approaching a resistance level where it may face rejection.

If bearish price action happens in the resistance level, then we may think about selling
AUD/USD in the resistance zone i.e. between 0.7750-0.7840 with 0.76 as TP.

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