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AUDUSD recently reversed up from the support area located between the key support level 0.72000 (former resistance from the end of July) and the 38.2% Fibonacci correction of the previous sharp upward impulse from June. Given the clear daily uptrend and the strong bullish sentiment affecting the Australian dollar today- AUDUSD is likely to rise further toward the next resistance level 0.74000 (top of the previous short-term impulse wave 3 from the end of August)
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