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Aussie and kiwi looking rather vulnerable

Despite the S&P 500 finding a bounce off its 200-day moving average last week, equities remain in a softer spot and the negative risk mood is largely weighing on the aussie and kiwi at the moment. The charts are doing all the talking right now and in the case of AUD/USD, it is shaping up to be a rather bearish one:

The pair broke below trendline support (white line) from the October and November lows as well as the... Read More

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Content Topics

Aussie

Kiwi

Looking

Rather

Vulnerable

Forex

Posted: Feb 27 2023, 05:16

Author Name: forexlive

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