AUD/USD breaches the 0.7400 mark as bears regain control

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AUD/USD breaches the 0.7400 mark as bears regain control
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AUD/USD breaches the 0.7400 mark as bears regain control By christianborjon AUDUSD Majors Macroeconomics Technical Analysis

The AUD/USD extended its fall on mixed US economic data featured on Thursday. However, the dovish stance adopted by the Reserve Bank of Australia , pushing back hiking rates, favors the greenback. In the meantime, despite a dull session, the, a measurement of the buck’s value against its peers, is up 0.69%, sitting at 100.525.

Now that data is in the rearview mirror, it’s worth noting what the next week would bring for AUD/USD traders. The Australian docket will feature

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