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technical standpoint, AUD/USD appears to now be heading lower after prices stalled under the 23.6 percent Fibonacci retracement level at 0.6868. The dominant downtrend still holds and is being kept intact by descending resistance from December 2018. From here, a turn lower places the focus on near-term support at 0.6769 should price action adhere to the outlook via signals from trader positioning.

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