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AUDUSD advances for the second day, underpinned by weaker US dollar and higher iron ore prices. The pair hit two-week high and pressure key barriers at 0.6600 zone (near-term range top / Fibo 38.2% of 0.6871/0.6442 descend / 55DMA). Sustained break here is needed to signal an end of sideways phase and continuation of recovery […]

The post AUD/USD Outlook: Aussie Dollar Rallies for the Second Day and Pressure Pivotal Barriers appeared first on Action Forex.

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