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AUDUSD sellers in control. What would spoil the bearishness in the short term?

AUDUSD sellers in control. What would spoil the bearishness in the short term?
The AUDUSD market shifted further into seller control today following the closes below the 200-day Moving Average (MA) on Monday and Tuesday, at 0.66905. Yesterday, the pair closed slightly beneath the MA at 0.6686, while Monday's closing price was 0.6674. Today's high reached 0.66887 ahead of monthly Australia's Consumer Price Index (CPI) data release. The report showed a lower-than-expected rise in prices of 5.6% for the year to May 2023, compared to the previous month's 6.8% and an estimate o... Read More
Posted: Jun 28 2023, 19:50
Author Name: forexlive
Views: 102465

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