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Australian Dollar Outlook

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by , 09-04-2022 at 01:57 PM (210 Views)
      
   
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The Australian Dollar has tanked in the aftermath of a hawkish Federal Reserve and Chinese growth concerns ahead of the RBA meeting. Will higher interest rates boost AUD/USD?
The daily price broke Ichimoku cloud to below for the primary daily bearish reversal: the price is 0.6770 support level for the bearish trend to be continuing or for the secondary ranging market condition to be started.

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