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AUDUSD: Can You Spot the Range?

posted by Avatar integrityfx 695 days ago in USD, AUD, Special made popular 695 days ago

AUDUSD broke through resistance at 0.9200 today, which had held up to two tests over the last week. This break has been fueled by a weakening US dollar more than a strengthening Australian dollar. The FOMC statement was mildly better than recent ones, with hints that the Fed will begin to ease off the liquidity injections, but keep rates depressed.
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