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Australian Dollar Outlook

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by , 06-19-2022 at 05:31 AM (250 Views)
      
   
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The Australian Dollar was boosted by a suddenly hawkish RBA signalling a much higher rate path. If commodities hold up and China loosens up, will AUD/USD go higher?
Daily price was bounced from 200 SMA to below for the primary bearish market condition to be resumed with the possible Fibo target at 0.6828.

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