AUDUSD Chart Technical Outlook

AUDUSD Chart Technical Outlook dips likely to find buyers, bulls target 0.6560

AUD/USD is printing an upward three-wave corrective structure. Wave C of B is in play. The support zone for the current move is 0.6485-0.6455. A dip can find buyers to print the third upward leg of the correction, wave C. The measured move target of the AB=CD pattern would be in the resistance zone of 0.6560-0.6590. Risk appetite would be supportive of the upside direction.

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