AUD/USD – Resistance at 0.88 Plays a Role Again

The last month has not been an enjoyable time for the Australian dollar as it endured a strong decline moving from close to 0.94 down to below 0.8650 and an eight month low in the process. For the last couple of weeks it has taken a breather mainly between 0.87 and 0.88. Even though it has met…

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AUD/USD – Resistance at 0.88 Plays a Role Again