After a positive two days with the bulls in scene for AUD/USD (it was also the biggest G10 currency gainer the previous day) – things appear quieter today, most likely in anticipation to the Jackson Hole Symposium and Jeremy Powell’s speech today. AUD/USD was seen trading near 0.7235 earlier today. Sustained break of 0.7200 would empower it to refresh yearly top near 0.7280 with early-month tops near 0.7245 acting as immediate resistance.
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