AUD/USD Price Analysis: Easter Monday consolidation before downside continuation to test 0.7300 By ross_burland AUDUSD Technical Analysis
e perhaps will not be much in the way of price action in the absence of a catalyst. Nevertheless, after a period of consolidation, the path of the least resistance is on the way for a test 0.73 the figure and potentially even lower in order to mitigate an imbalance of price left behind following the mid-March rally. Bears will be looking for the price to sink into this area of support and slowly but surely burn its way through to 0.7350.
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