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AUD/USD climbs to three-week highs as buyers seek to extend upside momentum

The dollar is losing a little bit of ground now in European trading and the aussie is taking full advantage of that, as it seeks to post a fifth consecutive day of gains today. AUD/USD is now trading above 0.6700 for the first time in three weeks and more importantly, buyers are attempting a break above the 200-day moving average (blue line) of 0.6690.A break above that as well as the 61.8 Fib retracement level of the swing lower last month at 0.6680 will put the focus back on the 100-day moving... Read More

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Aud

Usd

Climbs

Three

Week

Highs

Buyers

Seek

Extend

Upside

Aud usd

Three week

Momentum

Forex

Posted: Jun 7 2023, 11:04

Author Name: forexlive

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