AUDUSD moves to next target level & finds sellers. Modest selling pushes to close support ...Middle East

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AUDUSD moves to next target level & finds sellers. Modest selling pushes to close support
The AUDUSD has been trading up and down today after last week's move higher. The run higher today extended up to a new high going back to January. That high stalled right near the January 4 swing high before its rotation lower (at that time). The subsequent fall from the January 4 high, took 3/4 months, and culminated at the low for the year at 0.63617. Since bottoming in mid April, the price has been building higher and higher, with today's high stalling rate at the high price from early January at 0.67604. That lap down and up has been completed.The correction lower moved the price between a swing area and 0.67278 to 0.6738. That swing areas (see red numbered circles on the chart below )

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