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AUD/USD and NZD/USD correct lower after the release of weak Australian employment data, while USD/JPY rebounds to test ...
The AUD/USD pair shows notable support at around 0.6131, while resistance sits near 0.6302. A break above the resistance level could see the pair aim for the 0.6340 mark and eventually eye the 0. ...
The AUD/USD rose on Monday but failed to hold near daily highs, affected by a strong US Dollar. The rebound of the pair was important as it managed to remain above the 20-day Simple Moving Average ...
Australian Dollar to US Dollar 6-Month Forecast As of Nov. 23, the algorithm-generated price prediction service Wallet Investor projects an AUD/USD closing rate of 0.691 in April 2023.
AUD/USD bounces back sharply after retracing 38.2% of the last swing high (plotted from August 5 low near 0.6350 to August 29 high of 0.6824) at 0.6643 on a daily timeframe.
An AUD/USD move to $0.6350 would give the bulls a run at the $0.63854 resistance level. Hawkish RBA meeting minutes and weak US retail sales figures would fuel demand for the Aussie dollar.
The Australian dollar has rallied significantly again during the trading session on Tuesday, as it looks like we are trying to reach toward the 0.69 level over the longer term.
If AUD/USD can hold above the 0.6199 double low and the 0.6170 low of October 2022, the tentative bounce that commenced today has scope to extend towards resistance at 0.6350 - 0.6370 ahead of the 20 ...
1807 ET - AUD/USD has approached 0.7300 as energy prices continue to climb. The RBA’s policy meeting at 0330 GMT is unlikely to influence AUD as no policy changes are expected, CBA says. The RBA ...
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