AUDUSD Rally Eyes Longer-Term Descending Trend Lines

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AUDUSD Rally Eyes Longer-Term Descending Trend Lines

AUDUSD is testing the 0.7283-0.7293 resistance barrier after extending yesterday's intense rally, which filled a recorded gap in the pair and reinstated the one-month bullish mood that began from the 18½-month low of 0.6967. The rising 50- and 100-period simple moving averages (SMAs) are sponsoring improvements in the pair. The short-term oscillators are skewed to […]

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