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AUD/USD higher on the day but buyers have more work to do
The aussie and kiwi are sitting higher today, helped out by China stimulus news and a rally in Asian stocks. European indices were more tepid early on but are also turning the corner now with US futures also paring earlier losses to be flat on the day. That is seeing AUD/USD hold near the highs for the day at 0.6693 currently:That is seeing the pair run up against its 100-day moving average (red line) after the latest downdraft last week.Keep below that and sellers will remain in control and mov...
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Posted: Jul 31 2023, 08:57
Author Name: forexlive
Views: 080822