AUD/USD hourly chart analysis, further decline likely
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Dear traders, AUD/USD has pulled back a bit after dropping to 0.6665 level. However, it seems like the current pullback is about to end.
Price is struggling to cross the 100-hour moving average which is acting as a dynamic resistance in AUD/USD. So, my recommendation is to sell the rallies in AUD/USD.
The short-term target would be 0.6670. If the minor support line at 0.6670 breaks, expect further decline towards 0.66