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AUDUSD edges higher on Thursday morning after bears repeatedly failed to clear 200DMA support (0.6627). Recovery is in its early stage and needs more work at the upside to generate firmer positive signal, although near-term action to remain constructive while above 200DMA. Repeated daily close above here to boost hopes of stronger recovery and Friday’s […]

The post AUD/USD Outlook: Bears Take a Breather appeared first on Action Forex.

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