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AUD/USD Price Eying 0.7230 amid PBoC Inaction, Biden-Putin Optimism

Started by forex4you, Feb 21, 2022, 05:14 pm

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Feb 21, 2022, 05:14 pm
AUD/USD Price Eying 0.7230 amid PBoC Inaction, Biden-Putin Optimism

With renewed risk appetite, the AUD/USD reached a new intraday high and continued its 3-week uptrend. A Biden-Putin summit may lead to a de-escalation of ian-n tensions. The latest cautiously bullish Australian Purchasing Managers’ Index reinforces the bullish bias. During Monday’s Asian session, bids push the AUD/USD price toward a fresh intraday high around 0.7200, … Continued


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