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AUDUSD 09.06.2022
Summary:
The pair is trading in a downtrend
Expected scenario:
The pair is trading below a strong resistance around 0.7300, which may push the pair down to 0.7100 – 0.7072
Alternative scenario:
This scenario fails with a daily close above 0.7300
resistance levels
0.7300 - 0.7350
Support levels
0.7100 - 0.7072
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