AUDUSD Chart Technical Outlook

AUDUSD Chart Technical Outlook stalls at a support zone ahead of the US Retail Sales

AUD/USD is printing a bearish structure. Wave C is in play. Prices stall close to a support zone of 0.6440-0.6420. A temporary upward correction is possible. A break above 0.6485 opens the door toward 0.6520. The rally then can find sellers. The US Retail Sales are due today. If a weak print, the mentioned correction could come into action. If strong figures, the correction should be shallow.

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