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Hey fellow traders,
I couldn't be more thrilled to share some exciting news with you today. Despite a soft GDP report and lackluster Chinese trade data, the Australian dollar is on a remarkable upswing, reaching a 1-month high against the US dollar. Currently trading at 0.6689, AUD/USD has...
Hello fellow traders! Today, let's take a closer look at the 4-hour chart for AUDUSD. After the previous analysis was invalidated, the risk/reward ratio has shifted in favor of the bulls for the mid-term. The current price structure resembles an inverted head and shoulders pattern, suggesting a...
