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AUD/USD Forex Technical Analysis – Reaction to .7096 to .7020 Determines Near-Term Direction

At 16:46 GMT, the AUD/USD is trading .7030, up 0.0003 or +0.04%. Traders expect the RBA to trim its benchmark interest rate from 0.25% to 0.10% and to announce the start of a major bond-buying program …
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