AUD/USD dips sharply today but stays above 0.8642 low and intraday bias stays neutral. More consolidation could be seen. In case of another recovery, we'd expect upside to be limited by 38.2% retracement of 0.9401 to 0.8642 at 0.8932. Break of 0.8642 will extend the larger decline to next long term fibonacci level at 0.8544.
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