AUDUSD has pulled back since hitting the 0.8 psychological level as US yields rose significantly last week leading the US dollar to strengthen. We still hold a long view whilst the currency pair is above support at 0.754 as we await the RBA rate decision and AUD GDP growth rate data next week.
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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.