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AUD/USD

AUD/USD, Thursday, April 8, 2026

AUD/USD

The major currency pair AUD/USD yesterday once again successfully recorded a bullish daily trend supported by the weakening of the USD Index. This morning on the H4 timeframe, candles are seen starting to swing down to the price level of 0.70370, swinging above the dynamic EMA200 orange line crossover area with the blue EMA21 and purple EMA50. Meanwhile, the CCI14 indicator appears to be strongly swinging down, approaching the neutral area around the zero mark. In general, the trading plan to BUY AUD/USD for today is still a profitable choice, by placing a stop loss at the 0.70000 support area and a take profit target at the 0.71000 resistance area.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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