AUDUSD Keeps Its Bearish Outlook

Failing at the 1.0570 resistance figure about 3 sessions ago, the AUDUSD continues to be seen as bearish in the short term – down 0.35% on the day. As before, the longer term 1.1074-1.0855 descending trendline remains the formidable barrier, keeping bearish hopes alive. The short term break of…

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AUDUSD Keeps Its Bearish Outlook

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