AUD Price Analysis: Consolidation in play, 0.7150 eyed while below 0.7230, daily support is key

As per the prior analysis, AUD/USD Price Analysis: Inverse H&S in the making from 0.7200 support, AUD/USD is on the verge of both a smash to the upside of a run under integral each day support, as follows:

 

From an hourly perspective, the market is caught between close to time period help and resistance as follows:

 

While under 0.7230, a wreck of the aid line would coincide with the horizontal guide as well, so this ought to be a great improvement if it unfolds over the direction of the week. In doing so, the 0.7150s will be eyed as the final cease earlier than a hefty sell-off beneath each day trendline support:

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