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AUDUSD News

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Last Updated Date: 28 April 2022 @ 8:41 AM (UTC)
*Please note that all the dates are in GMT time zone

The AUDUSD market is in a bear downturn still with potential for declines to 0.7051. Yesterday’s reversal starts a near term turn for recovery action, likely working retracements to test 0.7190  resistance. A close over 0.7190 marks a short term turnaround and targets rallies back over 0.7250. A rejection from 0.7190 suggests secondary dips within yesterday’s reversal.
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