AUD/USD: Weak USD Might Boost The AUD

The AUD/USD is going up as the USD weakened after the Fed meeting yesterday. Technically it’s in the zone where buyers are.

10 Us Dollar Bill

0.7344-0.7420 is the zone where we see buyers. If the price makes a continuation move towards 0.7575 we should see a stronger momentum up. For bulls, the most important is to have a close above 0.7411. That should make the new buyers join and lead the price higher towards the next level.


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