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AUDUSD unexpectedly turned at 0.7880 and is going back to support level near 0.7750. In our previous analysis we have expected that price will go at least to lower boundary of resistance zone at 0.8840 but that did not happen. Price could break support level and go lower. In this scenario we are expecting that price back and test broken support level (this will be resistance level and there will be a good opportunity to sell) and than go lower. Of course current price drop could be only Stop Loss hunting before the price will go upper, so we will be watching carefully price action at support level.

AUDUSD after hit lower band of support zone has gone up. When it went out over support zone price will back and retest upper band of support zone. Now it is going to resistance zone established by low at the begining of 2015 year, high of may 2015, high of july 2017 and september 2017. We have opened long trade at the bottom of support zone. Now our trade has stop at break even. Our target is near bottom of resistance zone.