On the 4 hour chart, we can see that the AUD/USD pair is trading sideways between the levels of 0.7137 - 0.7415. After AUD/USD touched the 0.7250 level, it resumed its upward movement. It is trying to reach the 0.7307 level as its first target and the 0.7326 level as its second target. This scenario will come true if the pair does not drop and close bellow the 0.7250 level.
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