AUD/USD broke below 0.7236 support, suggesting that the upside movement from 0.7085 had completed at 0.7314 already. Further decline could be expected in a couple of days and next target would be at 0.7150 area. Near term resistance is at 0.7250, as long as this level holds, the downtrend will continue.

AUDUSD 4-hour chart

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