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maxecon

AUDUSD: Gain from US Current Account deficit widening

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
maxecon  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis AUDUSD audusdlong
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trendanalysis audusd audusdlong
A US current account deficit means an economy is funded externally. The key point is that the funding needs of the US are only accelerating. AUD/USD turns from key support pivot- rebound testing initial resistance.
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