On the AUDUSD daily chart, we can see that the pair has reached strong downside support 0.7300-0.7340 zone. Rejection from this zone could lead to a retest of 0.7150 low and possible downside extension below. In the case of a break higher above the zone, next strong downside support is 0.7400 level.
Happy trading! (click on the chart to enlarge it)
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