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AUD/USD Price Forecast: Bears have the upper hand near 0.7000; 200-EMA breakdown in play

AUD/USD Price Forecast: Bears have the upper hand near 0.7000; 200-EMA breakdown in play

AI Briefing

  • AUD/USD falls to one-week low, trading around 0.7000, down 0.25% for the day
  • Bears have the upper hand near 200-EMA
  • Lacked follow-through selling after Asian session gap
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