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AUDUSD News

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Last Updated Date: 12 April 2021 @ 9:43 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar gained ground on Monday after last week's drop as traders assessed the outlook for Treasury yields, while awaiting crucial U.S. inflation and retail sales data in coming days.

The AUDUSD market remains in a bear trend, but trade is trying to bottom / turn off support levels under 0.7600. Trade action still hints for corrections the next few days. A close over 0.7673  will boost retracements near 0.7670. A close over 0.7670 is friendly. Closes under 0.7588 /10.7567 are needed to renew washout selloffs.

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