Technical analysis of AUD/USD June 07, 2018

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The AUD/USD pair is now moving in the upward channel on the 4-hour chart. We've spotted a Divergence between the price and the Stochastic Oscillator. So, there is a possibility this pair will test its support at 0.7600 a few days later as long as the price does not break out and closes above 0.7678.

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The material has been provided by InstaForex Company - www.instaforex.com