AUDUSD - Still Short Downside Potential

FX:AUDUSD   Australian Dollar / U.S. Dollar
We still see AUSUSD moving lower and falling below 0.67 mainly due to the fears of the impact of the spread of the coronavirus on the Chinese and global economy. Additionally, the US dollar has strengthened across the board on the back of relatively strong US data and Powell in his testimony to congress indicating it is less likely that there will be rate cuts this year.


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