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AUD/USD remains below 20-SMA as the US and China exchange tariffs. Downside risks persist; buyers eye 0.6330 for a bullish shift. AUDUSD plummeted to a nearly five-year low of 0.6086 on Monday before bouncing back to the 0.6200 region. The recovery followed last-minute trade talks between the U.S. and its neighbors Mexico and Canada, which […]

The post AUD/USD Stagnates as US-China Trade War Begins appeared first on Action Forex.

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