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AUD/USD analysis


Billy Jury

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  • 2 weeks later...

The dollar-bloc currencies are extending their recent losses, and important technical levels have been approached. The Australian dollar, which had been probing $0.8100 at the end of last month is now testing $0.7800. In today forex market analysis the $0.7820 area housed the 50% retracement of the rally from early December. The 61.8% objective is near $0.7745. 

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