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AUD/USD Rises Despite Expected RBA Rate Cut

Discussion in 'Technical Analysis' started by Kaitlin, Aug 3, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Despite some key Australian news and economic data releases on Tuesday that should have placed increased pressure on the Australian dollar, AUD/USD climbed significantly. This was due in part to the fact that some of this news had already been expected and priced-in, as well as the overriding weakness in[​IMG]

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