AUD/USD Testing Key Support Levels Amid Economic Concerns
Quick Look: Renewed downside for AUD/USD due to the strong USD outlook and key economic events. Immediate support at 0.6574, 0.6557; resistance at 0.6615, 0.6698, 0.6709; pivotal 0.6600 level tested. Bearish short-term for AUD/USD; possible decline towards 200-day SMA of 0.6539. RSI around 40 on the 4-hour chart indicates further downside potential. The Australian Dollar …
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