AUD/USD Tests 200- Hour SMA

<p>The Australian Dollar has declined by 125 pips or 1.78% against the US Dollar since Wednesday’s trading session. The exchange rate is currently testing a support level formed by the 200– hour simple moving average at 0.6921. If the support line holds, bullish traders would target the 0.7000 level during the following trading session. However, […]</p>
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