AUD/USD pares the decline from earlier this week despite the kneejerk reaction to Australia’s Employment report, and looming developments in the Relative Strength Index (RSI) may indicate a further appreciation in the exchange rate as the oscillator appears to be on track to take out the bearish trends from earlier this year.
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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.