AUDUSD: At key resistance!

AUDUSD, Daily

The asset managed to consolidate above the MA-200. The price is in an ascending channel, testing its upper boundary and resistance level of 0.5610.

If the asset manages to break through the resistance, the growth will continue to the mark of 0.6559;

If the price fails to break through the resistance level, a decline to 0.6450 should be expected.

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Author: FBS Analyst Team

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