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What's going on with AUDUSD?

Upward trend forming, EMA break and retest. 3 profit zones identified. AUDUSD touches the target The Australian dollar pair against the US dollar , and finds strong support there to now show some bullish bias, influenced positively by stochastic indicators, heading towards achieving immediate gains that may reach 0.6468 .

Is the AUD/USD market open or closed?

12/08 - Closed. ( Disclaimer ) What is your sentiment on AUD/USD? Market is currently closed. Voting is open during market hours.

Could Aussie (AUD/USD) bounce off a pullback support?

Stop loss is at 0.63588 which is a level that aligns with the 78.6% FibonaccThe Aussie (AUD/USD) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 0.63931 which is a pullback support that aligns with the 61.8% Fibonacci retracement level.

Why are Australian dollar and US dollar so popular?

The Australian Dollar and the US Dollar pair belong the Majors, a group of the most popular traded pairs in the world. This pair's popularity soared because traders were attracted to the interest rate differential of the pair. This has waned in recent years due to economic volatility worldwide.

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