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AUD/USD – Showing Some Life Above 0.93
The Australian dollar has finally shown some signs of life in the last 24 hours attempting to move higher from the 0.93 level pushing up to a three week high at 0.9350. For the best part of the last couple of weeks the Australian dollar has traded close and around the 0.93 level after spending the preceding few weeks drifting lower from near 0.95. Earlier last week it fell lower to below the 0.93 level level and moved towards the previous key level at 0.9220, before rallying well to return to the 0.93 level. Over the last month or so, it has generally been sliding lower from close to 0.95 down to its present trading ... (full story)
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