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AUDUSD Technical Analysis

As the Fed members continue to stress that further rate hikes are on the cards if the data remains strong, the market has started to price in a more hawkish scenario as the data since the last FOMC meeting kept on surprising to the upside leading to US Dollar strength. A lot will depend on the next NFP and CPI reports, but a July hike seems already baked in and only big misses may change that outcome. AUDUSD Technical Analysis – Daily TimeframeOn the daily chart, we can see that since tapping in... Read More

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Audusd

Technical

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Forex

Posted: Jun 30 2023, 09:21

Author Name: forexlive

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