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AUD/USD Price May Break Below 0.74 as DXY Maintains Upside

The AUD/USD pair could activate a larger correction if it makes a valid breakdown below the 50% retracement level. Staying above the median line (ML) signals that the sell-off is over. The US inflation data could be decisive tomorrow. The AUD/USD price dropped at the time of writing as the Dollar Index erased today’s losses. … Continued
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