ONTRADE Forex

AUD/USD Price Forecast: Defends 200-day SMA amid fresh USD selling, RBA’s hawkish tilt

AUD/USD Price Forecast: Defends 200-day SMA amid fresh USD selling, RBA’s hawkish tilt
The AUD/USD pair finds some support ahead of the 200-day Simple Moving Average (SMA) during the European session and recovers modest intraday losses to a nearly two-week low, touched earlier this Tuesday.

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