FX.co ★ Technical analysis of AUD/USD for May 22, 2018

On the 4-hour chart, the AUD/USD pair seems to test resistance which has become support at 0.7550. As long as this pair does not breakout and closes below 0.7489, the price is likely to move higher and it is going to test at least 0.7625 as the nearest previous resistance.

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