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AUD/USD depends on relations with China

AUD/USD has hit new highs over vaccine hopes but lost ground amid geopolitical concerns. Sino-American relations, China’s rate decision, the RBA’s minutes, and coronavirus statistics stand out.  Late May’s daily chart is painting a mildly bullish picture for the pair. The FX Poll is pointing to the downside. Worsening relations between China with both the […] The post AUD/USD depends on relations with China appeared first on Forex Crunch.

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