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Australian Dollar Short-term Outlook: AUD/USD Rebound Challenges September Downtrend

Australian Dollar Short-term Outlook: AUD/USD Rebound Challenges September Downtrend
forex.com

forex.com ·

AUD/USD is attempting to stabilize after a sharp month-long decline carried the pair into a major support zone last week. The rebound has now brought Aussie back to an important technical threshold, where buyers are trying to break the descending structure that has governed price action since the September high. While the recovery has improved the immediate ...

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