AUD/USD Rate Outlook Mired by Failure to Test 200-Day SMA - DailyFX

AUD/USD appears to be reversing course ahead of the 200-Day SMA (0.7146) as the exchange rate carves a series of lower highs and lows.

Australian Dollar Talking Points AUD/USD trades to a fresh weekly low (0.6991) as it gives back the advance following the Reserve Bank of Australia (RBA) Minutes, and the exchange rate appears to be… [+3289 chars]

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