Recent price action points to a further appreciation in AUD/USD as the exchange rate carves a series of higher highs and lows.
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Recent price action points to a further appreciation in AUD/USD as the exchange rate carves a series of higher highs and lows.
from DailyFX – Market News https://bit.ly/2UxKluC
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The US Dollar continues to grasp on to a longer-term trendline, and sellers have had ample opportunity to push for that downside breakout.
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Yet another crucial week lies ahead for the EU-UK negotiations on a post-Brexit trade deal and that suggests both GBP/USD and the FTSE 100 will be buffeted by headlines from the talks.
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EUR/USD appears to be on track to test the monthly high (1.1920) as the exchange rate extends the series of higher highs and lows from the previous week.
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