The near-term trend continues to remain bearish in the AUDUSD. Prices
did recover on Friday, paring losses and ending slightly higher,
forming a bullish tailed bar. If we get a retrace higher this week, we
will look to be sellers on strength under 0.9330 key near-term
resistance. Our first downside target would be near 0.9200 key support
level, and if bearish momentum continues through that support, we could
see lower prices.
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