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AUD/USD looks to come up for some air

Right now, the pair has one thing working in its favour for a move higher. But that particular factor is two-fold and so that amplifies the potential for a stronger relief rally in AUD/USD at the moment. Since the drop below 0.6500 in August, the pair has been caught in a downwards channel but is looking to come up for air now after being kept under for over two months:That's a significant technical development and could see buyers extend the push higher today. However, the 0.6500 mark continues... Read More

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Posted: Nov 2 2023, 04:42

Author Name: forexlive

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