The Aussie dollar eases from one-week high on Tuesday after failing to benefit more from positive news that China slashed Covid quarantine for international travelers. The price action fell back below 10DMA (0.6951) which caps the price since June 9 and maintains negative bias, with repeated daily close below to add to fragile near-term structure. […]
The post AUD/USD: Aussie Remains Capped by 10DMA, Keeping Bearish Bias appeared first on Action Forex.
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