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Pairs in Focus This Week – AUD/USD, USD/JPY, CAD/CHF, USD/CAD, USD/INR, USD/MXN, Oil, BTC/USD
AUD/USD The Australian dollar has spent the week rallying, although it’s been very noisy. As we close out the week, we have threatened the 0.66 level. If we can close above there on a daily candlestick, it’s more likely that we will continue to go higher and could go as high as the 0.69 level. Short-term pullbacks at this point in time could see support near the 0.65 level. Keep in mind that there is no jobs number coming out on Friday, as it’s the following week, therefore it’s likely that we see more noise than anything else. chart USD/JPY The US dollar initially plunged against the Japanese yen during ... (full story)