AUDUSD Fundamentals Mixed, but Technicals Shifting In Favor of Bears

Though we’ve seen minimal volatility in the AUDUSD over the last five weeks, with rates consolidating within just a 175-pip range over that period, the price action has been nonetheless interesting. Three weeks ago, the Aussie appeared to be breaking out to a new 8-month high above resistance in the…

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AUDUSD Fundamentals Mixed, but Technicals Shifting In Favor of Bears