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AUDUSD Forecast: Will the 200-Day SMA Continue to Offer Resistance?

The near-term rebound in AUDUSD appears to have stalled ahead of the 200-Day SMA (0.7090) as the exchange rate fails to extend the recent string of higher highs and lows.

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AUDUSD Forecast: Will the 200-Day SMA Continue to Offer Resistance?

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