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AUDUSD Retains Neutral Intraday Outlook

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The Australian Dollar has recently been on a strong bullish march following slipping sentiment in the US Dollar. However, some concerning fundamental factors are impact the pair in the short term and the rally has inevitably stalled. Subsequently, the question remains as to which way for the little Aussie battler in the short term. Taking a look at the Aussie Dollar’s technical indicators appears to confirm an intraday neutral bias. Despite some sharp selling pressures following last week’s

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