AUDUSD Buyers Attempt Reversal Above 0.7160

excerpt, Forex


The AUDUSD seems to be getting its cues from GBPUSD. Last Friday, the Australian dollar closed below a confluence of support at 0.7160. I mentioned this breakdown over the weekend. However, I gave a warning about Friday�s move. Here�s what I wrote on Sunday: Just know that Friday�s breakdown could…

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