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KQMarkets
Nov 23, 2020 8:27 AM

AUDUSD - Still Neutral  

Australian Dollar / U.S. DollarFOREX.com

Description

We still hold a neutral view on AUDUSD as there has been a lack of price action despite continued political uncertainty and impact of the coronavirus on the US compared to Australia where infections are dropping as well as restrictions are easing. Therefore we will await data releases this week starting with US manufacturing PMI today for further price action and to take a directional view on the currency pair.
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