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Author Archives: AUD Editor

UOB Group: AUD/USD to rebound

“Since late last year, bulk commodities and industrial metals have tracked higher, leading to further strength in RBA’s Commodity Index and this is positive for Australia’s terms of trade. As such, we … Read Full Story at source (may require ...

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AUD/USD Breaches Medium Ascending Channel

Downside risks prevailed in the market on Thursday, thus sending the Australian Dollar to decline by 74 base points against the US Dollar. The currency pair breached the lower boundary of a medium-ter… Read Full Story at source (may require ...

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AUD/USD – Buying dips after the AB-CD correction

Monthly: We have broken the large Expanding Wedge formation to the downside. The whole move higher from the 2016 low (0.6827) has been and volatile, common in corrective formations. We posted a bullis… Read Full Story at source (may require ...

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