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AUD/USD and NZD/USD Analysis: Recovery Mode
AUD/USD and NZD/USD technical and fundamental analysis - FX Empire Highlights The AUD/USD and NZD/USD found support this morning, with the pairings in recovery mode after Friday’s pullback. There were no economic indicators this morning to shift investor sentiment. However, monetary policy divergence remains in favor of the dollar following Fed Chair Powell’s two days of testimony. It is a quiet start to the week for the AUD/USD and NZD/USD. There are no economic indicators from Australia or New Zealand to move the dial. While investors will try to claw back losses from last week, the theme remains the same. ... (full story)