The australian dollar has been weak for a while now and the perspective of the FED holding its rates high could give the US dollar what it needs to continue outperforming the Australian dollard. On the technical side, what we see at the moment is a retest of the key resistance at 0.6500 which could be the begining of the new bearish leg of the trend. My target is at 0.6403
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Resistance has been rejected.
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Price started the bearish move
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New lower high
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TARGET HIT