tonibinary
Long

AUDUSD looking bullish above 0.7685

FX:AUDUSD   Australian Dollar/U.S. Dollar
The AUDUSD             has been consolidating in recent sessions as the prospects for a move higher driven by the broad US dollar             weakness are due to be negated by a decline in the value of risk assets like stocks. The Australian dollar             is typically sensitive to moves in commodities and the balance of risks is currently tilted to the upside somewhat. We are seeing a rally in the AUDUSD             should the pair be able to break above 0.7685.
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