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HwThor
May 9, 2022 4:39 AM

Is it an end or a new beginning? Short

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD is coming down to strong technical and psychological support at 0.7000. Stock market in US continue bearish after FOMC and NFP last week. As most trader prefer to move to a risk off strategy and holding US dollar, we might expect a continues drop if price break 0.7000 support level.

What to watch time week: US CPI on Wednesday
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