AUDUSD Technical Analysis
The AUDUSD pair breaks above the key trendline. What’s next?
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The AUDUSD pair breaks above the key trendline. What’s next?
The AUD/USD is maintaining a strong position at four-month highs, although it has not been able to hold above 0.6700 firmly.
According to S&P Global's Preliminary Judo Bank Australia Purchasing Managers' Index (PMI), the December flash Composite PMI climbed to a two-month high of 47.4 compared to November's thirteen-month low of 46.2.
The Australian Dollar (AUD) continues its winning streak for the third consecutive day on Friday.
The Australian Dollar (AUD) extends its gains on the second consecutive day on Thursday and delivers its strongest performance in four months after moderate employment data release from Australia.