AUDUSD has not broken it's uptrend mainly due to USD weakness and the Australian economy not being as impacted by the coronavirus. Despite the currency pair trading in a range these past few trading sessions we cannot see prices moving significantly lower unless AUDUSD breaks support at 0.707.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.