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AUD/USD marches on towards April, May highs

AUD/USD marches on towards April, May highs
AUD/USD is up another 0.5% today with the dollar slipping a little in European trading at the moment. If the gains hold, it will mark 8 out of the last 9 days that the pair has posted an advance. That's a solid run on the part of buyers, that sees them also take out both the 100 (red line) and 200-day (blue line) moving averages now.The former in particular is a crucial one, as it helped to hold the advance from April and May previously. As buyers push past that now, it sees the pair take on a m... Read More
Posted: Jun 12 2023, 09:11
Author Name: forexlive
Views: 081246

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