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AUD/USD Extends Retreat Before Fed Statement

Discussion in 'Technical Analysis' started by Kaitlin, Mar 17, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Just hours ahead of Wednesday's widely-anticipated FOMC statement, in which the Federal Reserve will provide the current outlook with respect to US monetary policy, equity markets remain relatively well-supported, the US dollar has strengthened, and gold remains pressured. These conditions have helped to extend a sharp pullback for AUD/USD from[​IMG]

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