AUD/USD is the currency pair that represents the value of the Australian dollar in terms of the United States dollar, a widely traded and highly volatile currency pair in the foreign exchange market. The AUDUSD pair on the H1 timeframe has been trending downwards, with the price action forming a series of lower highs and lower lows. The most recent candlestick formation indicates a potential continuation of this downtrend. The price has been trading within a narrow range, with a clear support level at around 0.7165, and a resistance level at approximately 0.7182. The volume has been relatively low, indicating…

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