Failure to see a strong bounce above 1.0400 and a strong break below 1.0300 would trigger a downmove which could test 1.0100-000 on the downside once again,” wrote before Wall Street opens the Kshitij Consultancy Services Team. According to them if the AUD/USD manages to rise back above 1.0400 it could rise further toward 1.0500-30.


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