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Australian Dollar Outlook

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by , 09-24-2022 at 09:26 PM (142 Views)
      
   
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The Australian Dollar movements remain dependent on US Dollar fluctuations as the Fed’s decision to hike by 75 basis points illustrates the impact of the world’s largest central bank.
The daily price broke Ichimoku cloud to below for the primary bearish reversal: the price is on testing the Fibo support level at 0.6510 for the bearish trend to be continuing.

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