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After touching the lower border of the price channel on 4-hour chart, AUDUSD rebound sharply to as high as 0.6813 level. Further rise to test 0.6849 (Feb 9 high) resistance is expected in a couple of days, above this level will signal further rally to 0.7000 zone. Near term support remains at the lower border of the price channel, only drop below the channel support will indicate that the uptrend from 0.6284 has completed.
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