Opened Weakens, Aussie Test Support Important

Aussie opened lower today, below support at 0.7280 area. A bearish bias in the short term, the next bearish target is around 0.7215, which is a low level last August 12th. Break down this area could trigger further bearish momentum towards 0.7140 area. Meanwhile, RSI and stochastic began entering oversold areas can trigger a bullish rebound back to the 0.7280 area before heading to 0.7320 and 0.7350 area.


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