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Wednesday, January 24, 2018

[FOREX NEWS] AUD/USD breaks another resistance level thanks to Mnuchin


We wrote that all the conditions for an ascent of the Aussie were in place. The excellent Australian jobs report, coupled with upbeat Chinese GDP and a synchronized global growth cycle sent AUD/USD to struggle with 0.80. Yet another bout of dollar weakness was needed to push the Aussie to a comfortable position above 0.80. [...]

The post AUD/USD breaks another resistance level thanks to Mnuchin appeared first on Forex Crunch.



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