AUD/USD is near a strong psychology

The AUD/USD pair reached a significant resistance level of 0.7000 amid rising optimism, which is a strong psychology. Against the background of significant overbought and the preservation of geopolitical risks from this level, a correction may be formed.

Deals for sale should be considered below the zone 0.6950-40.

This opened the way to support levels: 0.6900 and 0.6880. Update of resistance levels 0.7000 and 0.6980 cancels downward expectations.

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Hanzenko Anton

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