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Nov 10 - 09:48 PM
AUD/USD - Crippled By Trump's Stubborn Stance On Tariffs
First appeared on eFXplus on Nov 10 - 08:00 PM
  • AUD/USD slips back to 20 DMA support, teasing bigger breakdown

  • Mon close below 0.6855 opens path to Ichimoku Cloud at 0.6812

  • Closing below that level will trigger Bollinger downtrend channel

  • Trump denying tariff rollback agreement hurts risk appetite nL2N27O0Q7

  • But could be seen as traders by typical posturing as nego tactic

  • AUD/USD could yet rebound if 20 DMA holds, protecting trendline










Source:
Refinitiv IFR Research/Market Commentary

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